MARC Record from marc_columbia

LEADER: 02306cam a2200301M 4500
001 10988415
005 20150119132056.0
008 140620s2014 ctua b 001 0 eng d
020 $a9780300181944
020 $a0300181949
024 $a99960320057
035 $a(OCoLC)875644393
035 $a(OCoLC)ocn875644393
035 $a(NNC)10988415
040 $aERASA$beng$cERASA$dOCLCO$dNhCcYBP
050 4 $aHC255$b.K53 2014
082 04 $a330.941081$223
100 1 $aKlaus, Ian.
245 10 $aForging capitalism :$brogues, swindlers, frauds and the rise of modern finance /$cIan Klaus.
260 $aNew Haven :$bYale University Press,$cc2014.
300 $aviii, 287 p. :$bill. ;$c25 cm.
490 1 $aYale series in economic and financial history
504 $aIncludes bibliographical references and index.
520 8 $aVice is the true father of Western capitalism, according to Ian Klaus in this fascinating, wildly entertaining, and often startling history of modern finance. Rather than the noble pursuit of gentlemen, international financial affairs in the nineteenth century were conducted in large part, the author suggests, by connivers, thieves, swindlers and frauds who believed that no risk was too great and no scheme too outrageous if the monetary reward was substantial enough. Taken together, these grand deceptions and the determined efforts made to guard against them were instrumental in creating the financial establishments of today. In a story teeming with playboys and scoundrels and rich in colourful, often incredible events, Klaus chronicles the evolution of trust institutions through three distinct incarnations: those constructed around values, those constructed around networks and reputations, and, ultimately, those constructed around skepticism, technology and verification. In an age when the questionable dealings of gargantuan international monetary organizations are continually in the spotlight, this extraordinary history has great relevance, offering essential lessons on both the importance and the limitations of trust in today's world.
650 0 $aCapitalism$zGreat Britain$xHistory$y19th century.
650 0 $aFinancial institutions$xCorrupt practices$xHistory.
830 0 $aYale series in economic and financial history.
852 00 $bleh$hHC255$i.K53 2014g