Snow and Speculation

A  new book  “The Futures” by Emily Lambert recounts the growth of the city of Chicago and that of the futures market. What started out as speculation on the arrival or price of grains in case of bad weather has moved away from the actual commodities and morphed into the present day abstract state. Should be an interesting read.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s