Securities Speculation on the Rise: Still Falling for Dreams of Wealth

David Ress ()
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David Ress: University of New England

Chapter Chapter 8 in The Kansas Blue Sky Act of 1911, 2023, pp 107-124 from Springer

Abstract: Abstract As Americans’ interest in stock market trading grew in the 1920s, the arguments of investment bankers that Kansas model regulation was paternalistic tapped into a growing sense that government regulation was an infringement of liberty. Economists’ insistence that markets could regulate themselves also undermined faith in securities regulation, even as ever-larger frauds were sold to a public that was losing millions on offerings.

Keywords: Speculation; Investment banking; Wall Street; Stock exchanges (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-43831-8_8

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DOI: 10.1007/978-3-031-43831-8_8

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