The Futures

The Futures
Author :
Publisher : Basic Books
Total Pages : 242
Release :
ISBN-10 : 9780465022977
ISBN-13 : 0465022979
Rating : 4/5 (979 Downloads)

Book Synopsis The Futures by : Emily Lambert

Download or read book The Futures written by Emily Lambert and published by Basic Books. This book was released on 2010-12-28 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Futures, Emily Lambert, senior writer at Forbes magazine, tells us the rich and dramatic history of the Chicago Mercantile Exchange and Chicago Board of Trade, which together comprised the original, most bustling futures market in the world. She details the emergence of the futures business as a kind of meeting place for gamblers and farmers and its subsequent transformation into a sophisticated electronic market where contracts are traded at lightning-fast speeds. Lambert also details the disastrous effects of Wall Street's adoption of the futures contract without the rules and close-knit social bonds that had made trading it in Chicago work so well. Ultimately Lambert argues that the futures markets are the real "free" markets and that speculators, far from being mere parasites, can serve a vital economic and social function given the right architecture. The traditional futures market, she explains, because of its written and cultural limits, can serve as a useful example for how markets ought to work and become a tonic for our current financial ills.


The Futures Related Books

The Futures
Language: en
Pages: 242
Authors: Emily Lambert
Categories: Business & Economics
Type: BOOK - Published: 2010-12-28 - Publisher: Basic Books

GET EBOOK

In The Futures, Emily Lambert, senior writer at Forbes magazine, tells us the rich and dramatic history of the Chicago Mercantile Exchange and Chicago Board of
Speculation in Onion Futures, January-March 1957
Language: en
Pages: 64
Authors: United States. Commodity Exchange Authority
Categories: Onion industry
Type: BOOK - Published: 1957 - Publisher:

GET EBOOK

Futures Trading in Onions
Language: en
Pages: 84
Authors: United States. Commodity Exchange Authority
Categories: Commodity futures
Type: BOOK - Published: 1956 - Publisher:

GET EBOOK

Onions
Language: en
Pages: 250
Authors: United States. Congress. House. Committee on Agriculture. Subcommittee on Domestic Marketing
Categories: Onions
Type: BOOK - Published: 1957 - Publisher:

GET EBOOK

Onions
Language: en
Pages: 262
Authors: United States. Congress. House. Committee on Agriculture
Categories:
Type: BOOK - Published: 1957 - Publisher:

GET EBOOK