When Wall Street Met Main Street: The Quest for an Investors' Democracy by Julia C. Ott
Published By: Cambridge and London: Harvard University Press ISBN: 978-0-674-05065-5 Date of Publication: 2011
Book Review Detail
William J. Hausman of College of William and Mary
Review DOI: 10.1257/jel.50.1.179.r14 Review Pages: 207-09
Book Review Abstract
William J. Hausman of College of William and Mary reviews "When Wall Street Met Main Street: The Quest for an Investors' Democracy" by Julia C. Ott. The EconLit Abstract of the reviewed work begins: Explores the evolution of financial markets and institutions and stock investment at the beginning of the twentieth century. Discusses the problem with financial securities; the "free and open market" responds; being a stockholder in victory; mobilizing the financial nation; the postwar struggle for the financial nation; turning swords into shares; the corporate quest for shareholder democracy; finance joining in the quest for shareholder democracy; "the people's market"; and the enduring quest. Ott is Assistant Professor of History at The New School for Social Research. Index.