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Author: Andrew McDiarmid
Publisher: Taylor & Francis
ISBN: 1040251625
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
From the last decades of the seventeenth century until the beginning of the twentieth, the tontine, in one form or another, was a ubiquitous financial instrument. As a revenue-raising tool of governments it supported the cost of war, and as a private capital-raising instrument it provided funding for civic improvement and urban development projects. While the tontine is known today mainly through fictional works (Robert Louis Stevenson, Agatha Christie, and The Simpsons among others), this book tells the history of how it evolved from a public revenue-raising scheme into a popular private investment and infrastructure financing tool, before it was displaced by cheaper forms of borrowing. Focusing on the early development of the tontine, and with European and North American case studies, the narrative brings to life the story of a little-understood financial innovation. This concise and engaging book is an ideal introduction to the history of the tontine for all readers interested in financial history.
Author: Thomas Bertram Costain
Publisher: London : Collins
ISBN:
Category : Great Britain
Languages : en
Pages : 0
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Book Description
A London con man creates a tontine wherein the surviving members receive interest on their investment, while the capital, after some years, is to go to the care of veterans.
Author: Moshe A. Milevsky
Publisher: Cambridge University Press
ISBN: 1107076129
Category : Business & Economics
Languages : en
Pages : 275
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Book Description
The book reviews the finance, economics, and history of tontines, and argues that they should be resurrected in the twenty-first century.
Author: Thomas B. Costain
Publisher: Rare Treasure Editions
ISBN: 1774644967
Category : Fiction
Languages : en
Pages : 702
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Book Description
Spanning 60+ years, beginning on the day Waterloo was won, it is a multigenerational story of 3 families during the Industrial Revolution. Lots of detailed descriptions of life among the varied social classes, it has been likened to stories by Dickens. It’s a very good historical fiction. A tontine is a life insurance scheme, stratified by age. Enrollees received payouts after an initial growth period, the amounts determined by the number of living recipients. Over time, as participants died, the payouts became more and more substantial. Towards the end, when the recipients became a mere handful, all sorts of betting occurred in the general populace on who would be the last survivor.
Author: Robert Louis Stevenson
Publisher:
ISBN:
Category :
Languages : en
Pages : 460
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Book Description
Author: Victoria Johnson
Publisher: Liveright Publishing
ISBN: 1631494201
Category : Science
Languages : en
Pages : 485
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Book Description
Finalist for the 2018 National Book Award for Nonfiction A New York Times Editors' Choice Selection The untold story of Hamilton’s—and Burr’s—personal physician, whose dream to build America’s first botanical garden inspired the young Republic. On a clear morning in July 1804, Alexander Hamilton stepped onto a boat at the edge of the Hudson River. He was bound for a New Jersey dueling ground to settle his bitter dispute with Aaron Burr. Hamilton took just two men with him: his “second” for the duel, and Dr. David Hosack. As historian Victoria Johnson reveals in her groundbreaking biography, Hosack was one of the few points the duelists did agree on. Summoned that morning because of his role as the beloved Hamilton family doctor, he was also a close friend of Burr. A brilliant surgeon and a world-class botanist, Hosack—who until now has been lost in the fog of history—was a pioneering thinker who shaped a young nation. Born in New York City, he was educated in Europe and returned to America inspired by his newfound knowledge. He assembled a plant collection so spectacular and diverse that it amazes botanists today, conducted some of the first pharmaceutical research in the United States, and introduced new surgeries to America. His tireless work championing public health and science earned him national fame and praise from the likes of Thomas Jefferson, James Madison, Alexander von Humboldt, and the Marquis de Lafayette. One goal drove Hosack above all others: to build the Republic’s first botanical garden. Despite innumerable obstacles and near-constant resistance, Hosack triumphed when, by 1810, his Elgin Botanic Garden at last crowned twenty acres of Manhattan farmland. “Where others saw real estate and power, Hosack saw the landscape as a pharmacopoeia able to bring medicine into the modern age” (Eric W. Sanderson, author of Mannahatta). Today what remains of America’s first botanical garden lies in the heart of midtown, buried beneath Rockefeller Center. Whether collecting specimens along the banks of the Hudson River, lecturing before a class of rapt medical students, or breaking the fever of a young Philip Hamilton, David Hosack was an American visionary who has been too long forgotten. Alongside other towering figures of the post-Revolutionary generation, he took the reins of a nation. In unearthing the dramatic story of his life, Johnson offers a lush depiction of the man who gave a new voice to the powers and perils of nature.
Author: Robert Louis Stevenson
Publisher: Aeterna Classics
ISBN: 3964541206
Category : Fiction
Languages : en
Pages : 156
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Book Description
A black comic novel about the last remaining survivors of a tontine - a group life-insurance policy in which the last surviving member stands to receive a fortune. It is a farcical, eccentric and brilliantly written piece of work.
Author: Thomas B. Costain
Publisher: Rare Treasure Editions
ISBN: 1774644975
Category : Fiction
Languages : en
Pages : 700
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Book Description
In volume II of The Tontine, the multigenerational story of 3 families continues. The number of recipients receiving payouts on the life insurance scheme are dying out and the payouts are becoming more and more substantial. Towards the end, when the recipients become a mere handful, all sorts of betting occurs in the general populace on who will be the last survivor. Who wins the tontine and who loses?
Author: Nathan Allen
Publisher: BookRix
ISBN: 3739664452
Category : Fiction
Languages : en
Pages : 256
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Book Description
One rule. One winner. One hundred million dollars. A group of random strangers are invited to take part in a mysterious lottery with an intriguing premise. Twenty-seven accept the offer. But what begins as an unusual social experiment quickly descends into something much more sinister. The contestants receive more than they bargained for, and the dark side of human nature reveals itself. As the lottery spirals into a life-and-death struggle for survival, Alice Kato is left searching for answers. How far are ordinary people willing to go to win this extraordinary amount of money? Is there anyone she can trust? Is there any way out? And just who exactly is pulling all the strings? Everyone has their price. Most just don't know what it is yet.
Author: Phillip Hellwege
Publisher:
ISBN: 9783428156160
Category :
Languages : en
Pages : 188
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Book Description
Author: Andrew McDiarmid
Publisher: Taylor & Francis
ISBN: 1040251625
Category : Business & Economics
Languages : en
Pages : 120
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Book Description
From the last decades of the seventeenth century until the beginning of the twentieth, the tontine, in one form or another, was a ubiquitous financial instrument. As a revenue-raising tool of governments it supported the cost of war, and as a private capital-raising instrument it provided funding for civic improvement and urban development projects. While the tontine is known today mainly through fictional works (Robert Louis Stevenson, Agatha Christie, and The Simpsons among others), this book tells the history of how it evolved from a public revenue-raising scheme into a popular private investment and infrastructure financing tool, before it was displaced by cheaper forms of borrowing. Focusing on the early development of the tontine, and with European and North American case studies, the narrative brings to life the story of a little-understood financial innovation. This concise and engaging book is an ideal introduction to the history of the tontine for all readers interested in financial history.
