Freaks of Fortune

The Emerging World of Capitalism and Risk in America

Business & Finance, Economics, Economic History, Finance & Investing, Finance, Nonfiction, History, Americas, United States
Cover of the book Freaks of Fortune by Jonathan Levy, Harvard University Press
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Author: Jonathan Levy ISBN: 9780674071124
Publisher: Harvard University Press Publication: October 29, 2012
Imprint: Harvard University Press Language: English
Author: Jonathan Levy
ISBN: 9780674071124
Publisher: Harvard University Press
Publication: October 29, 2012
Imprint: Harvard University Press
Language: English
Until the nineteenth century, “risk” was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.
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Until the nineteenth century, “risk” was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.

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