lightreads (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
lightreads) wrote2018-10-06 11:49 am
lightreads) wrote2018-10-06 11:49 am
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Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor
Devil Take the Hindmost
3/5. You guys are about to get an intimate tour of my brain by way of the stuff I read when things start to go very, very wrong. This is the book I reached for when we got the first rumblings that something we were excited and happy about was going to fall apart. This book is an excessively dry, somewhat exhausting history of speculative manias. It is far more interested in recounting events than it is in thinking about the psychology of speculation, though it does in passing touch on the long-running debates over the place of speculation in society, and whether it is a social good or not. So I read this in many many waiting rooms and on many many long drives to doctors' offices, and retained very little of it, and don't actually think it is particularly accessible or interesting. But by God did it serve its purpose for me.
3/5. You guys are about to get an intimate tour of my brain by way of the stuff I read when things start to go very, very wrong. This is the book I reached for when we got the first rumblings that something we were excited and happy about was going to fall apart. This book is an excessively dry, somewhat exhausting history of speculative manias. It is far more interested in recounting events than it is in thinking about the psychology of speculation, though it does in passing touch on the long-running debates over the place of speculation in society, and whether it is a social good or not. So I read this in many many waiting rooms and on many many long drives to doctors' offices, and retained very little of it, and don't actually think it is particularly accessible or interesting. But by God did it serve its purpose for me.