Speculation and the Chicago Board of Trade
James Ernest Boyle • 1920 • The Macmillan company
- Author
- James Ernest Boyle
- First published
- 1920
- Publisher
- The Macmillan company
- Subjects
- Speculation · Chicago Board of Trade · Grain trade · Commerce and industries
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Where it came from
Published in 1920 by The Macmillan Company, Speculation and the Chicago Board of Trade was authored by James Ernest Boyle, a professor of rural economy at Cornell University. The book emerged during a period of intense post-World War I scrutiny regarding agricultural markets, as farmers and policymakers sought to understand the volatility of commodity prices and the perceived influence of professional speculators on the food supply chain.
Boyle intended the work to serve as a comprehensive, objective analysis of the exchange's functions, operations, and economic justifications. Drawing from his expertise in agricultural economics, he aimed to demystify the mechanisms of futures trading for a general audience. The book was well-regarded upon its release for its detailed examination of hedging and market regulation, remaining a primary source for students of market history and early 20th-century economic institutionalism.
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About Speculation and the Chicago Board of Trade
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