Wall Street: A History 1rst.OXFORD UNIVERSITY Edition

Wall Street: A History 1rst.OXFORD UNIVERSITY Edition book cover

Wall Street: A History 1rst.OXFORD UNIVERSITY Edition

Author(s): Charles R. Geisst (Author)

  • Publisher: Oxford University Press
  • Publication Date: May 27, 1999
  • Edition: 1rst.OXFORD UNIVERSITY
  • Language: English
  • Print length: 416 pages
  • ISBN-10: 0195130863
  • ISBN-13: 9780195130867

Book Description

How did a small, concentrated pocket of lower Manhattan come to have such enormous influence in national and world affairs? In this wide-ranging volume, economic historian Charles Geisst answers this question as he provides the first history of Wall Street, ranging from the loose association of traders meeting on New York sidewalks and coffee houses in the late 18th century, to the modern billion-dollar computer-driven colossus of today. Geisst's narrative traces several themes--the move of industry and business westward in the early 19th century, the rise of the great Robber Barons, the influence of the securities market on incredible growth of industry, and the gradual increase in government involvement in Wall Street--and also features a look at the some of Wall Street's most colorful and ruthless wheeler dealers.
Wall Street is at once a chronicle of the street itself, from the days when the wall was merely a defensive barricade built by Peter Stuyvesant, and in a broader sense it is an engaging economic history of the United States, a tale of profits and losses, endlessly enterprising spirits, and the role Wall Street played in helping America become the most powerful economy in the world.

Editorial Reviews

Review

"Geisst's history ends in 1996, on an optimistic note, with the stock market forging ever higher. But the pages that have come before, chronicling the unending stream of wipeouts after similar investment booms, leaves one appropriately skeptical about how long these good times will last.... A quick-reading history of the United States as told through the doings of bankers and brokers."--The Washington Post

"A thorough retelling of a critical--though often overlooked--aspect of U.S. history. Wall Street will be enjoyed not just by the warriors who work there but also by the growing legions of Main Street investors whose retirements depend on the fortunes of the stock market."--The Wall Street Journal

Book Description

The first history of Wall Street, ranging from 18th-century sidewalk traders to the billion-dollar computer-driven colossus of today

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