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Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor,

Devil Take the Hindmost is a lively, original, broker era ticket and challenging history of stock market speculation from the seventeenth century to the present day. Edward Chancellor traces the origins of the speculative spirit back to ancient Rome broker era ticket and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland, to "stockjobbing" in London's Exchange Alley (where wine sold at auction by an "inch of a candle"), to the infamous South Sea Bubble of 1719, which prompted investor Sir Isaac Newton to comment, "I can calculate the motion of heavenly bodies, but not the madness of people". Here are brokers underwriting risks that included highway robbery broker era ticket and the "assurance of female chastity"; credit notes broker era ticket and lottery tickets circulating as money; wise broker era ticket and unwise investors from Alexander Pope broker era ticket and Benjamin Disraeli to Ivan Boesky broker era ticket and Hillary Rodham Clinton. From the Gilded Age to the Roaring Twenties, from the railway mania of nineteenth-century America to the crash of 1929, from junk bonds broker era ticket and the Japanese bubble economy to day-traders of the Information Era, Devil Take the Hindmost tells a fascinating story of human dreams broker era ticket and folly through the ages.
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