Short Selling
New York and London: Harper & Brothers, Publishers, 1932. Hardcover. 271 pages. Good with minor wear to covers and previous owner signature. Meeker both outlines the practice of short selling and justifies it from an economic perspective, rejecting the arguments of those who blame it for economic crashes, and instead promoting it as a valuable force in the market which restrains price inflation. In the aftermath of the 1929 stock market crash, short selling was often seen as a destabilizing - indeed often immoral - business practice, manipulating prices and riddled with insider trading. It was often blamed for the crash by creating an imaginary supply that was responsible for declining prices. A rather hard book to find. Item #3674
Price: $500.00