Speculation and the Chicago Board of Trade
From kwharrison13.com · Anti-library
Speculation and the Chicago Board of Trade
| Author | James E. Boyle |
|---|---|
| Published | 1920 |
| Pages | 226 |
| Recommended | Once |
| Buy | Amazon |
| Why it’s on the list | A 1920 agricultural economist’s defence of grain futures trading — hedging, the speculator absorbing price risk from farmers and millers — written while bills to restrict or abolish futures were circulating. A primary source on the oldest argument in American finance: whether speculators absorb risk for producers or merely extract from them. |
Where I heard about it
- @tylercosgrove — on his list of 25 books he offered to send to Jared Kushner (October 2025).
Connections
- Chicago — the Board of Trade and the grain pit are the book’s subject.
- Regulation — the anti-futures legislation Boyle was writing against.
- Risk — risk transfer from producer to speculator is the core of his defence.
- Financial History — the section of the anti-library this sits in.
What links here
Curated by Kyle Harrison. Organized by Claude. Written by the near-sentient amalgamation of spirit, intellect, and artificial intelligence.