Bringing together contributors from Europe, North America and Australia, this book questions the purpose and outcomes of speculation in practical settings. In the context of interrelated and complex global challenges, speculation is not just useful but necessary. The chapters in this book present a cross-disciplinary dialogue of people that are developing work in speculation and interrogates its practices and ethical and political charges. Through these discussions, the book explores the potential of speculation in addressing issues such as climate change, urban futures and new political practices.

In this updated paperback edition, Jim Grant spins a series of revealing, interlocking stories from little-known Wall Street lore. The historic episodes of boom and bust wittily recounted by Grant offer cautionary lessons for every investor.

A lively, original, and challenging history of stock market speculation from the 17th century to present day. Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the psychology of investing changed—and not changed—over the last five hundred years? In Devil Take the Hindmost, Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland, to “stockjobbing” in London's Exchange Alley, to the infamous South Sea Bubble of 1720, which prompted Sir Isaac Newton to comment, “I can calculate the motion of heavenly bodies, but not the madness of people.” Here are brokers underwriting risks that included highway robbery and the “assurance of female chastity”; credit notes and lottery tickets circulating as money; wise and unwise investors from Alexander Pope and Benjamin Disraeli to Ivan Boesky and Hillary Rodham Clinton. From the Gilded Age to the Roaring Twenties, from the nineteenth century railway mania to the crash of 1929, from junk bonds and the Japanese bubble economy to the day-traders of the Information Era, Devil Take the Hindmost tells a fascinating story of human dreams and folly through the ages.

In Boom and Bust in the American Century, James Grant tells why the financial prosperity of the 1990s is destined to collapse. This is a book about cycles of optimism and pessimism, of bull markets and bear markets, and of orthodoxy and heresy. Boom and Bust in the American Century is sophisticated financial writing by a gifted author and analyst at the top of his form.

From Erika Swyler, author of The Book of Speculation—one of BuzzFeed’s Best Fiction Books of 2015-- a short story of a mermaid who ran away from the circus, and what happened when she started a life on land. Before she was a suburban wife and mother, Paulina Watson was the Mermaid Girl of Carnival Lareille. She traveled everywhere with two boxes: the first with red sequins for the dress she wore as a magician’s assistant, the second with green sequins for her mermaid tail. She'd grown up on wild stories told by wild circus people. Books, she hadn’t had books until she’d found Daniel Watson and stopped moving. The first time Daniel saw her, Paulina was floating in a glass tank, suspended in water that sparkled like it was made from night sky. She has settled down now, living in a house on a cliff on Long Island Sound with Daniel and their young family: six-year-old Simon and his baby sister, Enola. But if you steal the magician’s assistant from a carnival, how can you know if she’ll disappear?