{"id":476,"date":"2020-01-25T09:59:23","date_gmt":"2020-01-25T08:59:23","guid":{"rendered":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/?p=476"},"modified":"2020-01-25T10:02:19","modified_gmt":"2020-01-25T09:02:19","slug":"ticker-tape-readers-dr-paul-crosthwaite","status":"publish","type":"post","link":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/ticker-tape-readers-dr-paul-crosthwaite\/","title":{"rendered":"&#8216;Ticker Tape Readers&#8217;: Dr. Paul Crosthwaite"},"content":{"rendered":"<p>November 8 brought Dr. Paul Crosthwaite to the Center for the History of the Book Seminar series at the University of Edinburgh. Dr. Crosthwaite\u2019s lecture was titled Ticker Tape Readers: Investment Advice Writing in \u201cthe Shadow of 1929\u201d.\u00a0 The presentation involved research related to the Arts and Humanities Research Council\u2019s project entitled History of Financial Advice.\u00a0 It was another well-attended event in the CHB\u2019s series of seminars.<\/p>\n<p><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/IMG_3730-e1579942405921.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-488 aligncenter\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/IMG_3730-e1579942405921-225x300.jpg\" alt=\"\" width=\"225\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/IMG_3730-e1579942405921-225x300.jpg 225w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/IMG_3730-e1579942405921.jpg 480w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2019\/12\/Most1.png\"><!--more--><\/a><\/p>\n<p>Dr. Crosthwaite first took us back to the eighteenth century and the publication of <em>Every Man His Own <\/em>Broker: or, A Guide to the Stock-Exchange to show is that writers have been happily telling others how to make money on stock exchanges for centuries.<\/p>\n<p style=\"text-align: center;\"><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Broker.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-477\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Broker-257x300.png\" alt=\"\" width=\"257\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Broker-257x300.png 257w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Broker-600x701.png 600w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Broker.png 638w\" sizes=\"auto, (max-width: 257px) 100vw, 257px\" \/><\/a><\/p>\n<p>The public\u2019s appetite for this \u201cprofessional\u201d advice on how to make their fortunes continued through the nineteenth century up to the 1920\u2019s where Dr. Crosthwaite continued the story, demonstrating that click-bait is not a modern phenomenon.<\/p>\n<p><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-479 aligncenter\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag1-230x300.png\" alt=\"\" width=\"230\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag1-230x300.png 230w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag1-600x783.png 600w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag1.png 713w\" sizes=\"auto, (max-width: 230px) 100vw, 230px\" \/><\/a><\/p>\n<p>Some things never change.<a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-478 aligncenter\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag2-265x300.png\" alt=\"\" width=\"265\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag2-265x300.png 265w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag2-768x869.png 768w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag2-600x679.png 600w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Mag2.png 840w\" sizes=\"auto, (max-width: 265px) 100vw, 265px\" \/><\/a>We were then introduced to two fascinating financial writers from the nineteenth century, W. D. Gann and Ralph Nelson Elliot.\u00a0 These gentlemen, instead of keeping their money-making information to themselves graciously shared it with the public for only the cost of their books and seminars.<\/p>\n<p><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Gann.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-482\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Gann-184x300.png\" alt=\"\" width=\"184\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Gann-184x300.png 184w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Gann.png 532w\" sizes=\"auto, (max-width: 184px) 100vw, 184px\" \/><\/a><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Elliot.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-481 alignright\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Elliot-248x300.png\" alt=\"\" width=\"248\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Elliot-248x300.png 248w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Elliot.png 584w\" sizes=\"auto, (max-width: 248px) 100vw, 248px\" \/><\/a><\/p>\n<p>Dr. Crosthwaite insightfully made the connection between these gentlemen and their ilk with mediums and tent show preachers who were common in the United States at the same time.\u00a0 The titles and dust jackets accompanying their works sometimes had the same aura of mysticism.<\/p>\n<p><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-480 aligncenter\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air-300x169.png\" alt=\"\" width=\"300\" height=\"169\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air-300x169.png 300w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air-768x432.png 768w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air-1024x576.png 1024w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air-600x338.png 600w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air-500x281.png 500w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/Air.png 1239w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>These works of dubious worth are still being peddled to this day.<\/p>\n<p><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/GannBook.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-484\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/GannBook-198x300.png\" alt=\"\" width=\"198\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/GannBook-198x300.png 198w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/GannBook.png 315w\" sizes=\"auto, (max-width: 198px) 100vw, 198px\" \/><\/a><a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/ElliottBook.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-483 alignright\" src=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/ElliottBook-215x300.png\" alt=\"\" width=\"215\" height=\"300\" srcset=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/ElliottBook-215x300.png 215w, http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/files\/2020\/01\/ElliottBook.png 372w\" sizes=\"auto, (max-width: 215px) 100vw, 215px\" \/><\/a><\/p>\n<p>Sadly, the history of financial advice continues to produce this type of bunkum.\u00a0 Hucksters with fancy charts and call themselves \u201ctechnical analysts\u201d and try to convince people to but their books or subscribe to their products with surefire models that predicted the market flawlessly (up until tomorrow).\u00a0 It was wonderful to see Dr. Crosthwaite give us the perspective that we do not live in a singularly deluded time.<\/p>\n<hr \/>\n<p>Report by Keith Bossert, current MSc student, Book History and Material Culture<\/p>\n","protected":false},"excerpt":{"rendered":"<p>November 8 brought Dr. Paul Crosthwaite to the Center for the History of the Book Seminar series at the University of Edinburgh. Dr. Crosthwaite\u2019s lecture was titled Ticker Tape Readers: Investment Advice Writing in \u201cthe Shadow of 1929\u201d.\u00a0 The presentation &hellip; <a href=\"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/ticker-tape-readers-dr-paul-crosthwaite\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":227,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2],"tags":[],"class_list":["post-476","post","type-post","status-publish","format-standard","hentry","category-seminar-reports"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p8z1Cq-7G","_links":{"self":[{"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/posts\/476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/users\/227"}],"replies":[{"embeddable":true,"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/comments?post=476"}],"version-history":[{"count":2,"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/posts\/476\/revisions"}],"predecessor-version":[{"id":492,"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/posts\/476\/revisions\/492"}],"wp:attachment":[{"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/media?parent=476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/categories?post=476"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.blogs.hss.ed.ac.uk\/history-of-the-book\/wp-json\/wp\/v2\/tags?post=476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}