Invested : how three centuries of stock market advice reshaped our money, markets, and minds /

"As more people than ever invest in the stock market, many feel a profound need for professional advice about it. Yet a financial adviser generally has no idea what's going to happen. The 300-year history of everyday financial advice in the capitalist world--encompassing eighteenth-century...

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Bibliographic Details
Main Authors: Crosthwaite, Paul, 1980-
Group Author: Knight, Peter, 1968-; Marsh, Nicky.; Paul, Helen J., 1975-; Taylor, James, 1976-
Published: The University of Chicago Press,
Publisher Address: Chicago, IL :
Publication Dates: 2022.
Literature type: Book
Language: English
Subjects:
Summary: "As more people than ever invest in the stock market, many feel a profound need for professional advice about it. Yet a financial adviser generally has no idea what's going to happen. The 300-year history of everyday financial advice in the capitalist world--encompassing eighteenth-century domestic advice manuals; Gilded Age swindles; market crashes; the boom in self-help rhetoric; and TV shoutfests--is one of dart throwing, brazen hucksterism, and serial failure. It spans the Atlantic and is ultimately a cultural history of rhetoric and imagination, not rationality. Remarkably, the authors of this book conclude advice aims less to guide investors toward financial returns than to create a kind of citizen, one who assumes others' risks, monetizes the future, and becomes in themselves a kind of investment"--
Carrier Form: 382 pages : illustrations ; 24 cm
Bibliography: Includes bibliographical references and index.
ISBN: 9780226821009
0226821005
9780226820989
022682098X
Index Number: HG4516
CLC: F830.59-09
Call Number: F830.59-09/C951
Contents: Introduction : three centuries of financial advice -- Making the market (1720-1800) -- Navigating the market (1800-1870) -- Playing the market (1870-1910) -- Chartists and fundamentalists (1910-1950) -- Domestic budgets and efficient markets (1950-1990) -- Gurus and robots (1990-2020) -- Conclusion : investing through the crisis.