Every Man his Own Broker : Or, A Guide to Exchange-Alley
Book Details
Format
Paperback / Softback
ISBN-10
110802582X
ISBN-13
9781108025829
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Dec 9th, 2010
Print length
214 Pages
Weight
278 grams
Dimensions
13.70 x 21.60 x 1.50 cms
Product Classification:
Economic history
Ksh 5,150.00
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Every Man his Own Broker was first published in 1761, and ran to fourteen editions in the next forty years. It was based on the author's own negative experience of the developing London stock market in the mid-eighteenth century, and is a valuable source for economic historians.
Thomas Mortimer (1730–1810) is chiefly remembered as a writer on economics. Every Man his Own Broker was first published in 1761, and ran to fourteen editions in the next forty years, this reissue being of the fourth edition. It was based on his own experience of the stock market, which in the first half of the eighteenth century was rapidly developing, but also suffered crises in which many speculators lost heavily. Increasing sales of government stock to pay for foreign wars led to concern, and Mortimer gives practical advice to readers to avoid making mistakes by relying on brokers. The book gives a good picture of how the stock market and the London financial world were operating at this time, although Mortimer's antipathy to brokers and jobbers is exaggerated. The book contains the first use of the terms 'bull' and 'bear' to describe types of markets.
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