Devil Take the Hindmost
A History of Financial Speculation
$28.04
- Paperback
464 pages
- Release Date
20 April 2027
Summary
In Devil Take the Hindmost, Edward Chancellor traces the origins of the speculative spirit back to the publicani of ancient Rome and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland and ‘stockjobbing’ in London’s Exchange Alley, to the infamous South Sea Bubble of 1720, which prompted Sir Isaac Newton to comment, ‘I can calculate the motion of heavenly bodies, but not the madness of people.’
This revised and updated edition analyses wit…
Book Details
| ISBN-13: | 9781837312153 |
|---|---|
| ISBN-10: | 183731215X |
| Author: | Edward Chancellor |
| Publisher: | Penguin Books Ltd |
| Imprint: | Penguin |
| Format: | Paperback |
| Number of Pages: | 464 |
| Release Date: | 20 April 2027 |
| Weight: | 500g |
| Dimensions: | 35mm x 129mm x 198mm |
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Critics Review
The greatest hits of financial silliness recounted coherently and…gracefully…Chancellor does a fine job of capturing the atmosphere of the times * Forbes *
[An] essential history of financial manias * Observer *
An admirably researched and very well written account of speculative insanity from the earliest times to, let no one doubt, the present. Anyone contemplating a stock market venture and certainly anyone now involved should read this book – John Kenneth Galbraith
Edward Chancellor
Edward Chancellor is a financial historian, journalist, and investment strategist. He studied history at Cambridge and Oxford universities before working for Lazard Brothers. Until 2014, he was a senior member of the asset allocation team at GMO.
He is currently a columnist for Reuters Breakingviews and has contributed to publications such as the Wall Street Journal, Times Literary Supplement, and the Financial Times. In 2008, he was awarded the George Polk Award for financial reporting for his article “Ponzi Nation,” published in Institutional Investor magazine.
Chancellor is the author of Devil Take the Hindmost (a 1998 New York Times Book of the Year), The Price of Time (Winner of the 2023 Hayek Prize), and, with Jeremy Grantham, The Making of a Permabear (2026).
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