Freaks of Fortune: The Emerging World of Capitalism and Risk in America

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Harvard University Press, Oct 29, 2012 - Business & Economics - 360 pages
2 Reviews
Until the nineteenth century, “risk” was a specialized term: it was the commodity exchanged in a marine insurance contract. Freaks of Fortune tells how the modern concept of risk emerged in the United States. Born on the high seas, risk migrated inland and became essential to the financial management of an inherently uncertain capitalist future.

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Review: Freaks of Fortune: The Emerging World of Capitalism and Risk in America

User Review  - Marc - Goodreads

Boy does this read like a dissertation. A good one, to be sure, but there's so much research spread over comparatively few ideas, and each chapter feels like its own conference paper. Levy had a very nice idea for a book, but couldn't really deliver. Read full review

Review: Freaks of Fortune: The Emerging World of Capitalism and Risk in America

User Review  - Frank Stein - Goodreads

Some wonderful stories and telling anecdotes here, but the book just relies a little too much on gossamer threads to tie together its numerous strands. The first part on marine and life insurance is ... Read full review

About the author (2012)

Jonathan Levy is Assistant Professor of History at Princeton University.

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