Reading the Market
eBook - ePub

Reading the Market

Genres of Financial Capitalism in Gilded Age America

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Reading the Market

Genres of Financial Capitalism in Gilded Age America

About this book

America's fascination with the stock market dates back to the Gilded Age.

Winner of the BAAS Book Prize of the British Association of American Studies

Americans pay famously close attention to "the market," obsessively watching trends, patterns, and swings and looking for clues in every fluctuation. In Reading the Market, Peter Knight explores the Gilded Age origins and development of this peculiar interest. He tracks the historic shift in market operations from local to national while examining how present-day ideas about the nature of markets are tied to past genres of financial representation.

Drawing on the late nineteenth-century explosion of art, literature, and media, which sought to dramatize the workings of the stock market for a wide audience, Knight shows how ordinary Americans became both emotionally and financially invested in the market. He analyzes popular investment manuals, brokers' newsletters, newspaper columns, magazine articles, illustrations, and cartoons. He also introduces readers to fiction featuring financial tricksters, which was characterized by themes of personal trust and insider information. The book reveals how the popular culture of the period shaped the very idea of the market as a self-regulating mechanism by making the impersonal abstractions of high finance personal and concrete.

From the rise of ticker-tape technology to the development of conspiracy theories, Reading the Market argues that commentary on the Stock Exchange between 1870 and 1915 changed how Americans understood finance—and explains what our pervasive interest in Wall Street says about us now.

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Yes, you can access Reading the Market by Peter Knight in PDF and/or ePUB format, as well as other popular books in History & Finance. We have over one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Cover
  2. Reading the Market
  3. Copyright Page
  4. Dedication
  5. Contents
  6. Acknowledgments
  7. Introduction
  8. 1 Market Reports
  9. 2 Reading the Ticker Tape
  10. 3 Picturing the Market
  11. 4 Confidence Games and Inside Information
  12. 5 Conspiracy and the Invisible Hand of the Market
  13. Epilogue
  14. Notes
  15. Index