A notable moment in world economic history was the... - Deepstash

Bite-sized knowledge

to upgrade

your career

Ideas from books, articles & podcasts.

<p>A notable moment in world e...

A notable moment in world economic history was the creation of the joint stock company. It started in Amsterdam with the foundation of the Dutch East India Company and then in England.

By the end of the 17th century, shares of at least 150 corporations were traded at London's Royal Exchange, a market that also housed other merchants such as grocers, druggists and clothiers.

But the government looked down on the nascent stock market and, in 1696, passed an act to restrain the practice of brokers.

STASHED IN:

3

MORE IDEAS FROM THE SAME ARTICLE

The regulation of financial markets has gone a long way since the early days of the gentlemen's clubs in London coffee houses. After starting as a purely private governance endeavor, the regulatory body for today's global financial infrastructure is a multi-stakeholder mechanism which encompasses...

In March 2019, Kleros launched the Token Curated Registry of Tokens (T2CR).

The previous section summarizes how Professor Edward Stringham describes the early days of the London Stock Exchange in his book “Private Governance: Creating Order in Social and Economic Life”.

React

Comment

MORE LIKE THIS

created 3 ideas

one sided and annoyingly incorrect copy, at least the list of protocols is of the big players

3

Comment

224 reads

created 5 ideas

Interesting piece on building a portofolio for 2022.

1

Comment

184 reads

It's time to

READ

LIKE

A PRO!

Jump-start your

reading habits

, gather your

knowledge

,

remember what you read

and stay ahead of the crowd!

Takes just 5 minutes a day.


TRY THE DEEPSTASH APP

+2M Installs

4.7 App Score