When Wall Street Met Main Street

When Wall Street Met Main Street
Author :
Publisher : Harvard University Press
Total Pages : 348
Release :
ISBN-10 : 9780674050655
ISBN-13 : 0674050657
Rating : 4/5 (657 Downloads)

Book Synopsis When Wall Street Met Main Street by : Julia C. Ott

Download or read book When Wall Street Met Main Street written by Julia C. Ott and published by Harvard University Press. This book was released on 2011-06-14 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of the twentieth century-come to be seen as the bedrock of American capitalism? How did stock investment-once considered disreputable and dangerous-first become a mass practice? Julia Ott tells the story of how, between the rise of giant industrial corporations and the Crash of 1929, the federal government, corporations, and financial institutions campaigned to universalize investment, with the goal of providing individual investors with a stake in the economy and the nation. As these distributors of stocks and bonds established a broad, national market for financial securities, they debated the distribution of economic power, the proper role of government, and the meaning of citizenship under modern capitalism. By 1929, the incidence of stock ownership had risen to engulf one quarter of American households in the looming financial disaster. Accordingly, the federal government assumed responsibility for protecting citizen-investors by regulating the financial securities markets. By recovering the forgotten history of this initial phase of mass investment and the issues surrounding it, Ott enriches and enlightens contemporary debates over economic reform.


When Wall Street Met Main Street Related Books

When Wall Street Met Main Street
Language: en
Pages: 348
Authors: Julia C. Ott
Categories: Business & Economics
Type: BOOK - Published: 2011-06-14 - Publisher: Harvard University Press

DOWNLOAD EBOOK

The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its
Wall Street Research
Language: en
Pages: 200
Authors: Boris Groysberg
Categories: Business & Economics
Type: BOOK - Published: 2013-08-07 - Publisher: Stanford University Press

DOWNLOAD EBOOK

Wall Street Research: Past, Present, and Future provides a timely account of the dramatic evolution of Wall Street research, examining its rise, fall, and reeme
Main Street Revisited
Language: en
Pages: 252
Authors: Richard V. Francaviglia
Categories: History
Type: BOOK - Published: 1996-06-01 - Publisher: University of Iowa Press

DOWNLOAD EBOOK

As an archetype for an entire class of places, Main Street has become one of America's most popular and idealized images. In Main Street Revisited, the first bo
Nightmare on Main Street
Language: en
Pages: 214
Authors: Mark Edmundson
Categories: Art
Type: BOOK - Published: 1999 - Publisher: Harvard University Press

DOWNLOAD EBOOK

Once we've terrified ourselves reading Anne Rice or Stephen King, watching Copyright © Libri GmbH. All rights reserved.
Main Street to Miracle Mile
Language: en
Pages: 284
Authors: Chester Liebs
Categories: Architecture
Type: BOOK - Published: 1995-08 - Publisher: JHU Press

DOWNLOAD EBOOK

"Traces the transformation of commercial development as it has moved from centralized main streets, out along the street car lines, to form the "miracle miles"