the First Futures Market: Dojima and Rice That Ruled Japan

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Bol In 1730, a shogunate decree transformed a bustling Osaka alleyway into the world's first centralised futures market-a high-stakes arena where samurai fortunes evaporated on the price of a single rice bale. Dojima's traders invented modern speculation, and their gambles nearly bankrupted a nation.This edition includes an original map of Edo-era Osaka, timelines of market surges and crashes, and data tables tracking rice prices against samurai stipends. Anecdotes are sourced to contemporary accounts, including the diaries of merchant Mitsui Takafusa and the shogunate's own regulatory edicts.For readers of narrative nonfiction and popular history who want the raw mechanics of financial revolution, told through the people who lived it.

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In 1730, a shogunate decree transformed a bustling Osaka alleyway into the world's first centralised futures market-a high-stakes arena where samurai fortunes evaporated on the price of a single rice bale. Dojima's traders invented modern speculation, and their gambles nearly bankrupted a nation.This edition includes an original map of Edo-era Osaka, timelines of market surges and crashes, and data tables tracking rice prices against samurai stipends. Anecdotes are sourced to contemporary accounts, including the diaries of merchant Mitsui Takafusa and the shogunate's own regulatory edicts.For readers of narrative nonfiction and popular history who want the raw mechanics of financial revolution, told through the people who lived it.


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Merk Independently Published
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  • 9798188080945
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