Money for Nothing: The Scientists, Fraudsters, and Corrupt Politicians Who Reinvented Money, Panicked a Nation, and Made the World Rich
- ISBN-10
- 0812998464
- ISBN-13
- 9780812998467
- Series
- Money for Nothing
- Category
- Business & Economics
- Pages
- 480
- Language
- English
- Published
- 2020
- Author
- Thomas Levenson
Description
At the dawn of the eighteenth century, England was running out of money due to a prolonged war with France. They turned to the stock market-- a relatively new invention itself. In the hub of London's stock market-- Exchange Alley-- the South Sea Company hatched a scheme to turn pieces of the national debt into shares of company stock. The financial revolution was subject to trial and error on a grand scale, with dramatic, sometimes devastating consequences for people's lives. Levenson chronicles the moment when the needs of war, discoveries of natural philosophy, and ambitions of investors collided. -- adapted from jacket
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