The Exchange Artist: A Tale of High-flying Speculation and America's First Banking CollapsePenguin, 2008 - 442 pàgines The startling story of an early American dreamer whose wily schemes made him a founding father of our speculation nation Rediscover a lost chapter in early American history: the story of financial- pioneer-turned-confidence-man Andrew Dexter, Jr., and the skyscraper for which he amassed—and then lost—a paper fortune. In the 1790s, printed money and banks themselves were still regarded with tremendous suspicion, as traditional strictures about moneylending slowly made way for modern freewheeling capitalism. A pioneer in the new age of paper, Dexter challenged the notions of his Puritan ancestors by embarking on a wild career in real estate speculation, all financed by the string of banks he commandeered and the millions of dollars they freely printed. Upon this paper pyramid he built the tallest building in the United States—the Exchange Coffee House, a seven-story colossus in downtown Boston. But in early 1809, just as the exchange was ready for unveiling, the scheme collapsed. In Boston, the exchange became an opulent but largely vacant building, a symbol of monumental ambition and failure. Kamensky deftly steers the reader through this history, providing a riveting historical narrative of a second American founding: the birth of speculative capitalism. The book will appeal to fans of Peter BernsteinÂ's Against the Gods, John GordonÂ's Empire of Wealth, and Ron ChernowÂ's Alexander Hamilton, as well as Ross KingÂ's BrunelleschiÂ's Dome. |
Altres edicions - Mostra-ho tot
The Exchange Artist: A Tale of High-Flying Speculation and America's First ... Jane Kamensky Previsualització limitada - 2008 |
The Exchange Artist: A Tale of High-Flying Speculation and America's First ... Jane Kamensky Previsualització no disponible - 2008 |
The Exchange Artist: A Tale of High-Flying Speculation and America's First ... Jane Kamensky Previsualització no disponible - 2009 |
Frases i termes més freqüents
Alabama American Andrew Dexter Jr appear Architecture August Bank Benjamin bills Boston brick building called capital Change Charles Charlotte Collections Colwell Company Congress Court December Detroit directors dollars early England especially Exchange Coffee House Exchange Office Exchange's fall Farmers February feet fire five floor followed fortune four Gilbert hand History hundred January John Journal July June land late later less letter lived March Mass Massachusetts merchants Michigan Montgomery months Morton Nathan Appleton North notes November October offered Office paper Politics promises Proprietors Providence Public Records remained Rhode Island Room Samuel Dexter Sarah September shares signed Society speculation story Street Stuart Thomas thousand took town trade Travels turned United University Press walls weeks West York young