Back to The Stock Exchange from Within
From "The Stock Exchange from Within" by Van Antwerp, William C. (William Clarkson)
Professor Seligman
An expert economist whose views are cited to support the author's arguments.
Core Belief
"Speculation is an indispensable function for business to go ahead."
Worldview
Sees the Stock Exchange as a complex system with inherent risks but essential for a healthy economy.
Personality
Rational, knowledgeable, and objective, providing an academic perspective on the Stock Exchange's functions.
In Their Own Words
"The Stock Exchange aids the investment of capital, as the Produce Exchange aids the production of finished commodities."
"Business orders and corporate needs are intermittent, because they depend on temporary exigencies; the risks at one end, at all events, are eliminated by the unintermittent, continuous market which regular speculation affords."
"Speculation so far as it has become the regular occupation of a class, differentiated from other business men for this particular purpose, subserves a useful and in modern times an indispensable function."
Other Characters from The Stock Exchange from Within
Ready to talk with Professor Seligman?
Join a discussion or make Professor Seligman your personal mentor for advice anytime.