The Speculation Econcomy
Posted by Janet Lindenmuth on Oct 27, 2009
Lawrence E. Mitchell. The Speculation Economy: How Finance Triumphed over Industry. San Francisco, CA, Berrett-Koehler Publishers, c2008. HC103 .M684 2008
From the publisher: American businesses today are obsessed with the price of their stock, and no wonder. The consequences of even a modest decrease can be so dire that some executives would rather damage their corporation’s long-term health than allow quarterly returns to fall below projections. But how did this situation come about? When did the stock market become the driver of the American economy?
Lawrence E. Mitchell identifies the moment in American history when finance triumphed over industry. He shows how the birth of the giant modern corporation spurred the rise of the stock market and how, by the dawn of the 1920s, the stock market left behind its business origins to become the very reason for the creation of business itself.
The Common Law
Posted by Janet Lindenmuth on Oct 27, 2009
Oliver Wendell Holmes, Jr. foreword by Stephen L. Carter. The Common Law. Chicago, Ill., ABA, c2009. KF394 .H65 1881r
From the publisher:
In the history of the law there have been many great treatises written by many great legal minds, but only a few have had the influence and staying power to truly be called the classics. The Common Law by famed Supreme Court Justice Oliver Wendell Holmes, Jr. is certainly one of these books.
First published in 1881, The Common Law has retained its relevance through the elegant writing of Justice Holmes and the sound, thorough coverage of everything from criminal law to possession and ownership to torts. As Professor Stephen L. Carter says in his new foreword to the book, “Few books have had this lasting influence on a profession, and earned as profound a reputation within it.”
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