Freaks of Fortune : The Emerging World of Capitalism and Risk in America.
Material type:
- text
- computer
- online resource
- 9780674067202
- 330.122097309034
- HC105
Intro -- Contents -- Prologue: Voyage -- 1. The Assumption of Risk -- 2. The Perils of the Seas -- 3. The Actuarial Science of Freedom -- 4. The Failure of the Freedman's Bank -- 5. Betting the Farm -- 6. Fraternity in the Age of Capital -- 7. Trading the Future -- 8. The Trust Question -- Epilogue: Freaks of Fortune -- Appendix -- Notes -- Acknowledgments -- Index.
Until the nineteenth century, "risk" was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.
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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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