
- English
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- Available on iOS & Android
About this book
As Preda discovers through extensive research, the public was once much more skeptical. For investing to become accepted, a deep-seated prejudice against speculation had to be overcome, and Preda reveals that over the course of the eighteenth and nineteenth centuries groups associated with stock exchanges in New York, London, and Paris managed to redefine finance as a scientific pursuit grounded in observational technology. But Preda also notes that as the financial data in which they trafficked became ever more difficult to understand, charismatic speculators emerged whose manipulations of the market undermined the benefits of widespread investment. And so, Framing Finance ends with an eye on the future, proposing a system of public financial education to counter the irrational elements that still animate the appeal of finance.
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Table of contents
- Contents
- Acknowledgments
- Introduction: Capitalism and the Boundaries of Finance
- Chapter 1. The Boundaries of Finance in the Sociological Tradition
- Chapter 2. Prestige, at Last: The Social Closure of the Stock Exchange
- Chapter 3. Financial Knowledge and the Science of the Market
- Chapter 4. Close Up: Price Data, Machines, and Organizational Boundaries
- Chapter 5. From Afar: Charts and Their Analysts
- Chapter 6. The Kaleidoscope of Finance: Speculation, Economic Life,and Society
- Chapter 7. On the Dark Side of the Market
- Chapter 8. Panic!
- Conclusion: Back to the Future
- Notes
- References
- Index