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Basic Books

The Futures: The Rise of the Speculator and the Origins of the World's Biggest Markets

The Futures: The Rise of the Speculator and the Origins of the World's Biggest Markets

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Ever wondered how a medieval grain merchant's handshake deal evolved into trillion-dollar derivatives markets? This fascinating deep-dive traces the unlikely origins of futures trading, from agrarian insurance schemes to the sophisticated speculation that now underpins global finance. It's part history, part economics primer, explaining complex markets through the colourful characters and pivotal moments that shaped them. Perfect for anyone curious about how modern capitalism actually works, or investors wanting to understand the machinery behind their portfolios.

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