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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The South Sea Bubble

The South Sea Bubble

Melville, Lewis

Hardcover

EconomicsFiction AnthologiesGeneral Military History

ISBN10: 1164500562
ISBN13: 9781164500568
Publisher: Kessinger Publishing
Published: Sep 10 2010
Pages: 312
Weight: 1.38
Height: 0.81 Width: 6.00 Depth: 9.00
Language: English
The South Sea Bubble is a historical account of the famous financial crisis that occurred in the early 18th century. The book is written by Lewis Melville, a British author and historian, and was first published in 1912. The South Sea Bubble was a speculative investment scheme that promised huge returns to investors who bought shares in the South Sea Company, a trading company that had been granted a monopoly on British trade with South America. The scheme was based on the assumption that the company would be able to trade profitably with the Spanish colonies in South America, but in reality, the company's operations were poorly managed and its profits were greatly exaggerated. As a result, the company's share price skyrocketed, attracting thousands of investors who were eager to get rich quick. However, when the truth about the company's financial situation was revealed, the bubble burst and share prices plummeted, causing widespread financial ruin and social unrest. The South Sea Bubble is a fascinating and engaging account of this pivotal moment in British history, and offers valuable insights into the dangers of speculative investment schemes and the importance of financial regulation.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

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