机读格式显示(MARC)
- 000 02864pam a2200361 i 4500
- 008 180630t20182018nyu b 001 0 eng c
- 020 __ |a 9780231185561 |q hardcover |q alkaline paper
- 020 __ |a 0231185561 |q hardcover |q alkaline paper
- 020 __ |z 9780231546218 |q electronic book
- 035 __ |a (OCoLC)1035462894
- 040 __ |a LBSOR/DLC |b eng |e rda |c DLC |d OCLCF |d OCLCO |d ERASA |d MNN |d NhCcYBP |d UPB
- 050 00 |a HB3717 1873 |b .D38 2018
- 082 00 |a 330.9/034 |2 23
- 100 1_ |a Davies, Hannah Catherine, |e author.
- 245 10 |a Transatlantic speculations : |b globalization and the panics of 1873 / |c Hannah Catherine Davies.
- 260 __ |a New York : |b Columbia University Press, |c [2018]
- 300 __ |a xix, 226 pages ; |c 25 cm
- 336 __ |a text |b txt |2 rdacontent
- 337 __ |a unmediated |b n |2 rdamedia
- 338 __ |a volume |b nc |2 rdacarrier
- 504 __ |a Includes bibliographical references (pages 195-217) and index.
- 520 __ |a "Davies's book examines the financial panics of 1873, considering both the financial speculations born of exuberance that led to these panics and the interpretative speculations born of the crises, and exploring what this in turn reveals about contemporary notions of the world economy and transnational economic entanglement. Davies begins by exploring the way in which information acted at first as a legitimating factor, with manuals and market reports explaining the nature of securities trading and making it not only intelligible, but seemingly profitable and attractive as well. She goes on to look at the role that financial reportage and the emergent financial press created a market for information, and the role the spreading or the consolidation of information could effect the actual market. This imbalance of information played a critical role in the reaction of the bubble that eventually burst and caused the panic of 1873. But the panic did not rectify the asymmetry of information, as is reflected in the differing explanations assigned to the panic on opposite sides of the Atlantic, and the differing responses to it. While Germany and Austria blamed American speculators, until changing targets in the grip of an antisemtic fervor, the Americans were largely unaware of the panic in Europe, and instead ascribed corruption and amorality to all ethnicities and classes. Thus, shareholder rights were soon granted sweeping protections in Austria and Germany, while in the United States the shareholders were actively blamed for the crash, and were accorded far fewer legal protections"-- |c Provided by publisher.
- 650 _0 |a Depressions |y 1873.
- 650 _0 |a Speculation |x History |y 19th century.
- 650 _0 |a Journalism, Commercial |y 19th century.