Ep. 103 – The Stock Market 101
Constitutional Chats Presented By Constituting America · Constituting America
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Show Notes
While the idea of pulling out your phone and instantly buying or selling shares of a stock might be a new phenomenon, the practice of stock trading certainly is not. Did you know stock markets have their roots in 1600s Holland? Companies learned they could fund expensive six-month long voyages to India to bring back spices by selling small ownership stakes to a lot of people. If the voyage was profitable, the shareholder might receive or a dividend of the profits or their ownership stake might increase in value. Our current stock market still functions in essentially the same way hundreds of years later! Join our panel and Desmond Lachman with the American Enterprise Institute for this conversation on our stock market!