Who hasn't wished for a surefire formula for riches and a ticket to the good life? For three centuries, investment advisers of all kinds, legit and otherwise, have guaranteed that they alone can illuminate the golden pathway to prosperity-despite strong evidence to the contrary. In fact, too often, they are singing a siren song of devastation. And yet we keep listening. Invested tells the story of how the genre of investment advice developed and grew in the United Kingdom and the United States, from its origins in the eighteenth century through our saturated present. The authors analyze centuries of media that promise techniques for amateur investors to master the ways of the market, asking why-in the absence of evidence that such techniques reliably work-guides to the stock market have remained perennially popular. As Invested persuasively shows, the fantasies sold by these writings are damaging and deceptive, peddling unrealistic visions of easy profits and the certainty of success, while trying to hide the fact that there is no formula for avoiding life's economic uncertainties and calamities.
- ISBN:
- 9780226821009
- 9780226821009
-
Category:
- Economic systems & structures
- Format:
- Paperback
- Publication Date:
-
29-03-2023
- Language:
- English
- Publisher:
- University of Chicago Press
- Country of origin:
- United States
- Dimensions (mm):
- 228.6x152.4x27.94mm
- Weight:
- 0.54kg
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