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Freaks of fortune : the emerging world of capitalism and risk in America

Author: Jonathan Levy
Publisher: Cambridge, Mass. : Harvard University Press, 2012.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
Amid the nineteenth-century's waning faith in God's providence, Americans increasingly confronted unanticipated challenges to their independence and security in the boom and bust chance-world of capitalism. Freaks of Fortune is one of the first books to excavate the historical origins of our own financialized times and risk-defined lives."--Pub. desc.
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Genre/Form: History
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Jonathan Levy
ISBN: 9780674047488 0674047486
OCLC Number: 789661554
Description: 414 p. : ill. ; 25 cm.
Contents: The assumption of risk --
The perils of the seas --
The actuarial science of freedom --
The failure of the freedman's bank --
Betting the farm --
Fraternity in the age of capital --
Trading the future --
The trust question.
Responsibility: Jonathan Levy.

Abstract:

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  Read more...

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A free-wheeling yet finely targeted history of capitalism and the modern financial industry, this study by Princeton historian Levy revolves around one specific concept--risk--while considering Read more...

 
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