First published in 1991, Stuart Bruchey's study is a historical tribute to the financial innovation of the American Stock Exchange. He chronicles the heyday of Wall Street - from events leading to the Great Depression, through the New Deal and World War II, to the electronic era, the crash of'87, and the new realities and global opportunities of the 1990s. We observe with fascination the transformation of the relocated outdoor Curb market on Broad Street to its cavernous indoor trading facility on Trinity Place, where it's been ever since - the first trading "posts" topped with light fixtures reminiscent of the outdoor lampposts they replaced. Bruchey relives for us the introduction of the first CRT terminals on the trading floor and the gradual, yet inevitable, influence of technology on the trading process. His study of modernization brings us right into the world of equity options, derivatives and other creative products introduced in latter part of the twentieth century - investment vehicles designed to serve an increasingly sophisticated and demanding marketplace of investors.

First Published in 2005. In this book, the author seeks to apply a self-described broad approach to American economic growth and to place the process within the mainstream of American history. This approach establishes that economic growth involves far more than economics; most students of growth view that process as one which cuts across the boundaries of the disciplines within the social sciences. After a brief introduction of the subject of the book, Bruchey further discusses the need for such guidance and tries to make clear what it is that has directed his own path in this field.

First published in 1991, Stuart Bruchey's study is a historical tribute to the financial innovation of the American Stock Exchange. He chronicles the heyday of Wall Street - from events leading to the Great Depression, through the New Deal and World War II, to the electronic era, the crash of'87, and the new realities and global opportunities of the 1990s. We observe with fascination the transformation of the relocated outdoor Curb market on Broad Street to its cavernous indoor trading facility on Trinity Place, where it's been ever since - the first trading "posts" topped with light fixtures reminiscent of the outdoor lampposts they replaced. Bruchey relives for us the introduction of the first CRT terminals on the trading floor and the gradual, yet inevitable, influence of technology on the trading process. His study of modernization brings us right into the world of equity options, derivatives and other creative products introduced in latter part of the twentieth century - investment vehicles designed to serve an increasingly sophisticated and demanding marketplace of investors.

First Published in 2005. In this book, the author seeks to apply a self-described broad approach to American economic growth and to place the process within the mainstream of American history. This approach establishes that economic growth involves far more than economics; most students of growth view that process as one which cuts across the boundaries of the disciplines within the social sciences. After a brief introduction of the subject of the book, Bruchey further discusses the need for such guidance and tries to make clear what it is that has directed his own path in this field.

Not since Charles and Mary Beard's The Rise of American Civilization has a narrative been written for the general reader and student alike that so superbly explicates the origins of American capitalism. Arguing that the central fact explaining the success of the American experiment is the development of the economy, the distinguished economic historian Stuart Bruchey shows the reciprocal relationship between economic growth and values, law, and social and political change, as well as between economic development and the more traditional variables of capital, labor, and resources. Enterprising, risk-taking men and women in all walks of life are at the center of the remarkable story that is the American dream and reality. The farm family moving to an unfamiliar environment and trying new technology; the business executive or worker with a new idea for improving a machine; the jurist venturing down a different legal path to sharpen incentives to invest; lawmakers of all kinds risking tenure or office by giving priority to measures designed to entice capital and labor to their jurisdictions-these entrepreneurs provided the leaven that gradually raised the living standards of the average person to heights unknown anywhere in the past. Twenty years in the writing, Enterprise summarizes the scholarly contributions of historians and social scientists. It reaches deep into the European past-to fourteenth-century Italy-to retrace the origins of American capitalism. The author tells the story of individual achievement and vertical social mobility and their triumph over obstacles, a never-ending theme of American enterprise. Whether Americans maintain those heights today or will suffer a decline as the price of 1980s "now-nowism"-as Richard Darman characterizes this decade of wanting everything, at once, and paying nothing-remains to be seen.