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Today, Wall Street is the beating heart of the world's finances center. While today the life blood of nations flows through its many accounts, three hundred and fifty years ago, Wall Street was no more than a small, and rather ordinary street. What propelled Wall Street to become a global financial center and world power? How did the game between proponents of brutal speculation and extreme regulation result in the financial rules we operate under today? This book gives us a window into the messy history of one of the world’s most important institutions and shows us how Wall Street attained its legendary status.
John Steele Gordon, an American author and economic historian, was born in New York in 1944 and received his B.A. in history from Vanderbilt University in 1966. He is the author of The Empire of Wealth: The Epic History of American Economic Power, The Business of America: Tales from the Marketplace and this book, The Great Game: The Emergence of Wall Street as a World Power 1653-2000. The book we are unlocking this week, The Great Game, is not only an excellent way to understand how the rules of American capital markets and finance were formed but has also been featured in a two-hour special report by CNBC.
