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Forging Capitalism : Rogues, Swindlers, Frauds, and the Rise of Modern Finance (Reprint) (Paperback)

Forging Capitalism : Rogues, Swindlers, Frauds, and the Rise of Modern Finance (Reprint) (Paperback) - image 1 of 1

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Vice is endemic to Western capitalism, according to this fascinating, wildly entertaining, often startling history of modern finance. Ian Klaus’s Forging Capitalism demonstrates how international financial affairs in the nineteenth century were conducted not only by gentlemen as a noble pursuit but also by connivers, thieves, swindlers, and frauds who believed that no risk was too great and no scheme too outrageous if the monetary reward was substantial enough. Taken together, the grand deceptions of the ambitious schemers and the determined efforts to guard against them have been instrumental in creating the financial establishments of today. In a story teeming with playboys and scoundrels and rich in colorful and amazing events, Klaus chronicles the evolution of trust through three distinct epochs: the age of values, the age of networks and reputations, and, ultimately, in a world of increased technology and wealth, the age of skepticism and verification. In today’s world, where the questionable dealings of large international financial institutions are continually in the spotlight, this extraordinary history has great relevance, offering essential lessons in both the importance and the limitations of trust.
Edition: Reprint
Number of Pages: 287
Genre: Business + Money Management, History
Series Title: Yale Series in Economic and Financial History
Format: Paperback
Publisher: Yale Univ Pr
Author: Ian Klaus
Language: English
Street Date: October 25, 2016
TCIN: 51973082
UPC: 9780300223590
Item Number (DPCI): 248-38-0634
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