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CSPAN2 Book TV March 22, 2015

[inaudible conversations] i think we will get started. I want to thank julia ott before introducer for allowing me to say a few words. Welcome the new school. Welcome to one of the featured events of the Harvard Center for capitalism studies. For a couple of years i taught a course at eugene college, our undergraduate division, on understanding Global Capitalism. The first day we become in and everyone had to look at the tag of the shirt to the person, shirt of the person to their loved and tell...
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Introducing The Nation Fund for Independent Journalism

The Nation’s long-standing dedication to fostering and mentoring early-career journalists, The Nation Fund will expand on that mission while developing rigorous educational programs to train the next generation of boldly independent journalists. Our mission is to invest in the future of a strong independent press by developing a robust framework that lifts up diverse voices and perspectives. “The Nation Fund for Independent Journalism gives space and opportunity for programs seeded by the m...
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[EVENT | April 14] Spring Issue Launch: Global Economic Disorder

✕ ✕ Common migration routes from East Africa to Europe. Route information adapted from the International Organization for Migration, August 2015, by Colin Kinniburgh. Countries party to the Khartoum process are shaded in orange (note: not all shown on this map). ✕ At the 1936 International Conference of Business Cycle Institutes, sponsored by the Austrian Institute for Business Cycle Research, Vienna. Ludwig von Mises is seated in the ...
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Long before GameStop, Wall Street's legitimacy was challenged by 'bucket shops' in 19th century

Long before GameStop, Wall Street’s legitimacy was challenged by ‘bucket shops’ in 19th century For some, bucket shops were a ‘shadow market’. For others, a ‘financial netherworld’. Feb 03, 2021 · 07:30 pm ‘Watching the tape or watching the wheel - what is the difference morally?’, illustration by Will Crawford c.1912. | Puck Magazine/Library of Congress The gleeful manipulation of GameStop’s share price is not the first time amateur investors have ...
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Source: scroll.in

Long before GameStop, bucket shops challenged the legitimacy of Wall Street

The gleeful manipulation of GameStop’s share price is not the first time amateur investors have created a legitimacy crisis on Wall Street. In the late 19th century, so-called “bucket shops” allowed the American public to gamble small amounts on the movement of stocks and commodities on the New York and Chicago exchanges. In most cases, a bucket shop client wouldn’t own the stock they wagered on: the shop acted more like a bookmaker than a broker, with clients betting against the hous...
New York United States Chicago Board Of Trade New York Stock Exchange Frank Norris David Hochfelder

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