Birth of Stock Markets

The book progresses chronologically, first detailing the pre-market environment and early trading practices. It then analyzes the emergence of formal stock exchanges, particularly in Amsterdam and London, examining their structures and regulatory frameworks. Finally, it traces the spread of stock markets across Europe and the world, emphasizing how different countries adapted the model.

By taking a global perspective and drawing on archival records and contemporary accounts, the book provides a nuanced understanding of the benefits and risks associated with these institutions, making it valuable for both academics and general readers interested in finance and history.