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Thursday, March 27th, 2008

Devil Take the Hindmost

After reading this book, I’m convinced that humans are programmed to not learn from history.

Devil Take the Hindmost: A History of Financial Speculation by Edward Chancellor covers financial speculation from Tulip Mania through the LTCM crisis of 1998.  The book was published prior to the dot-com crash.  Even though I found the early chapters [...]

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