Download e-book for iPad: A World of Chance: Betting on Religion, Games, Wall Street by Reuven Brenner,Gabrielle A. Brenner,Aaron Brown

By Reuven Brenner,Gabrielle A. Brenner,Aaron Brown

ISBN-10: 0521711576

ISBN-13: 9780521711579

ISBN-10: 0521884667

ISBN-13: 9780521884662

even though monetary markets usually attempt to distance themselves from playing, the 2 components have way more in universal than frequently inspiration. while, traditionally, there have been no monetary associations resembling banks, lotteries constituted the methods wherein dear goods have been disposed of, and governments raised funds quick. playing tables fulfilled roles that enterprise capital and banking do this day. 'Gamblers' created clearinghouses and sustained liquidity. whilst these gamblers wager on expense distributions in futures markets, they have been redefined as 'speculators'. this day they're referred to as 'hedge fund managers' or 'bankers'. notwithstanding the names have replaced, the activities undertaken have primarily stayed an identical. This publication exhibits how dialogue on 'chance', 'risk', 'gambling', 'insurance', and 'speculation' illuminates the place societies stood, the place we're this day, and the place we should be heading.

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A World of Chance: Betting on Religion, Games, Wall Street by Reuven Brenner,Gabrielle A. Brenner,Aaron Brown

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