(Mobile pdf) The Equity Culture: The Story of the Global Stock Market






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4 of 4 people found the following review helpful. making sense out of irrational human behaviorBy K. P QUINNThe Equity Culture: The Story of the Global Stock MarketBy B. Mark SmithPublisher: Farrar Straus Giroux; 1st edition, Hardcover (August 2003)B. Mark Smith gives the reader a history and economics refresher in the Equity Culture: the Story of the Global Stock Market. The book, 352 pages, is not hard to read and provides an interesting historical overview of the equity markets. Smith, a fFrom Publishers WeeklyAt a time when most investors feel the stock market has been anything but equitable, Smith shows how global equity, or stock, markets have become one of the most powerful-and least understood-economic forces on the planet. Although similar to Smith's earlier Toward Rational ExAn Expert Chronicle of the Market's Ever-Growing Role WorldwideThe modern stock market, B. Mark Smith's new book makes clear, is only one component of a much broader "equity culture"-a lively and complex international market involving stocks, bonds, mutual funds; joint stock and limited liability corporations; and trading in grain, gold, diamonds, and currency.The Equity Culture is the story of how that market came about-from shipping magnates banding together in eighteenth-century India to the...


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