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Description
The World's First Stock ExchangeThe launch of the Dutch East India Company in 1602 initiated Amsterdam's transformation from a regional market town into a dominant financial center. The Company introduced easily transferable shares, and within days buyers had begun to trade them. Soon the public was engaging in a variety of complex transactions, including forwards, futures, options, and bear raids, and by 1680 the techniques deployed in the Amsterdam market were as sophisticated as
The launch of the Dutch East India Company in 1602 initiated Amsterdam's transformation from a regional market town into a dominant financial center. The Company introduced easily transferable shares, and within days buyers had begun to trade them. Soon the public was engaging in a variety of complex transactions, including forwards, futures, options, and bear raids, and by 1680 the techniques deployed in the Amsterdam market were as sophisticated as any we practice today. Lodewijk Petram's eye-opening history demystifies financial instruments by linking today's products to yesterday's innovations, tying the market's operation to the behavior of individuals and the workings of the world around them. Traveling back to seventeenth-century Amsterdam, Petram visits the harbor and other places where merchants met to strike deals. He bears witness to the goings-on at a notary's office and sits in on the consequential proceedings of a courtroom. He describes in detail the main players, investors, shady characters, speculators, and domestic servants and other ordinary folk, who all played a role in the development of the market and its crises. His history clarifies concerns that investors still struggle with today, such as fraud, the value of information, trust and the place of honor, managing diverging expectations, and balancing risk, and does so in a way that is vivid, relatable, and critical to understanding our contemporary financial predicament.Binding Type: Hardcover
Publisher: Columbia University Press
Published: 05/27/2014
ISBN: 9780231163781
Pages: 296
Weight: 1.25lbs
Size: 9.10h x 6.00w x 1.10d
Review Citations: Library Journal 05/15/2014 pg. 88
Choice 11/01/2014 pg. 499
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4.2 ★★★★★
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Product Reviews
★★★★★ 5
Nice couch for the price
Color: Black, Size: 7 Seat, Color: Black, Size: 7 Seat
Nice and firm I was able to put it up by myself in about three hours. It is really cute The material is soft. I really like it. It was super easy to put together. It came in 4 different boxes, I was worried because people said they got the boxes on different days luckily, I got the whole couch the same day and put together that night. I’m happy with this purchase. Can’t wait to sit on it and watch TV. I just wanna give it a few days to let the seat cushions recover.
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Reviewed in the United States on May 24, 2026
★★★★★ 5
Love the storage and pull-out
Color: Dark Grey, Size: 7 Seat, Color: Dark Grey, Size: 7 Seat
The size is great and fits nicely in the corner without feeling too bulky, but still has plenty of seating. The dark grey color looks clean in person and matches my space really well — not too light, not too dark.
The pull-out part is honestly one of my favorite features. It slides out pretty smoothly and turns into a big lounging area or bed. I’ve already used it to relax and watch TV and it’s really comfortable. The storage compartment is also bigger than I expected — I can fit blankets and a few extra things in there easily, which helps keep everything more organized.
Comfort-wise, I’d say it’s medium-firm. Not super soft like a cloud couch, but still comfortable enough for everyday use. The cushions seem to hold their shape pretty well so far.
Assembly took a bit of time and it’s easier with two people, but overall it wasn’t too complicated. Once it’s set up, it feels pretty sturdy.
If I had to nitpick, the cushions do shift a little after sitting for a while, so you may need to adjust them occasionally. But for the price, I think that’s pretty normal.
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Reviewed in the United States on April 29, 2026
★★★★★ 4
very nice for the money
Color: Dark Grey, Size: 5 Seat, Color: Dark Grey, Size: 5 Seat
Very comfy. The color is perfect. The back pillows do shift when leaning against them but a throw pillow or two helps comfort. The material is soft. And it was fairly easy to assemble with 2 people.
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Reviewed in the United States on June 1, 2026
★★★★★ 5
Fast, Easy and Value for Money
Fast and Easy. Value for money. Highly recommended
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Reviewed in the United States on May 5, 2026
★★★★★ 5
quick response.
Good experience.
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Reviewed in the United States on April 6, 2026