Avance! Book

This book appeals to me because of its New York link (and I got it at a used book store), but it is a good look at how the capitalist system under which we live got a real boost. It was that idea that rather than invest in a company, you could invest in part of a company...by buying shares of stock. What a great idea! Our world would not exist without that concept, however things went haywire fairly early. Jay Gould figured out how to cheat the system...people figured out how to avoid tax on their earnings.

Anyone interested in American History will enjoy this very readable book to see how our economic rise started not just from exports, but from ways in which we created what is now Wall Street.