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Virtue, Fortune, and Faith: A Genealogy of Finance
Less than two centuries ago finance - today viewed as the center of economic necessity and epitome of scientific respectability - stood condemned as disreputable fraud. How this change in status came about, and what it reveals about the nature of finance, is the story told in Virtue, Fortune, and Faith. A unique cultural history of modern financial markets from the early ...more
Paperback, 272 pages
Published March 1st 2005 by Univ Of Minnesota Press
(first published January 1st 2005)
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The point of this book is to show that political debates have shaped the basis for the modern financial system, and to make it a political issue again in the present. The book meets the first goal very well by providing a history of political debates about finance in Britain and the United States (countries chosen for being the most influential financial centers in the world) from the introduction of credit in the seventeenth century up to late twentieth century issues like hedge funds and the ...more