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  1. Home
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  3. Every Man his Own Broker
  • Cited by 2
Publisher:
Cambridge University Press
Online publication date:
August 2011
Print publication year:
2010
First published in:
1761
Online ISBN:
9780511792861
DOI:
https://doi.org/10.1017/CBO9780511792861
Subjects:
Economics, Social and Population History, Economics: General Interest, British History after 1450, History, Economic History
Series:
Cambridge Library Collection - British & Irish History, 17th & 18th Centuries
Information

Book description

Thomas Mortimer (1730–1810) is chiefly remembered as a writer on economics. Every Man his Own Broker was first published in 1761, and ran to fourteen editions in the next forty years, this reissue being of the fourth edition. It was based on his own experience of the stock market, which in the first half of the eighteenth century was rapidly developing, but also suffered crises in which many speculators lost heavily. Increasing sales of government stock to pay for foreign wars led to concern, and Mortimer gives practical advice to readers to avoid making mistakes by relying on brokers. The book gives a good picture of how the stock market and the London financial world were operating at this time, although Mortimer's antipathy to brokers and jobbers is exaggerated. The book contains the first use of the terms 'bull' and 'bear' to describe types of markets.

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