Whoosh Goes the Market: Algorithms, Automation, and Alienation by Souleles, Daniel Scott

Whoosh Goes the Market: Algorithms, Automation, and Alienation

A vivid, fast-paced inside look at financial markets, the people who work on them, and how technology...
$41.53 AUD
$41.53 AUD
SKU: 9780226833798
Product Type: Books
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Author: Daniel Scott Souleles
Format: Paperback
Language: English
Subtotal: $41.53
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Whoosh Goes the Market: Algorithms, Automation, and Alienation by Souleles, Daniel Scott

Whoosh Goes the Market: Algorithms, Automation, and Alienation

$41.53

Whoosh Goes the Market: Algorithms, Automation, and Alienation

$41.53
Author: Daniel Scott Souleles
Format: Paperback
Language: English
A vivid, fast-paced inside look at financial markets, the people who work on them, and how technology is changing their world (and ours).

Markets are messy, and no one knows this better than traders who work tirelessly to predict what they will do next. In Whoosh Goes the Market, Daniel Scott Souleles takes us into the day-to-day experiences of a team at a large trading firm, revealing what it's actually like to make and lose money on contemporary capital markets.

The traders Souleles shadows have mostly moved out of the pits and now work with automated, glitch-prone computer systems. They remember the days of trading manually, and they are suspicious of algorithmically driven machine-learning systems. Openly musing about their own potential extinction, they spend their time expressing fear and frustration in profanity-laced language. With Souleles as our guide, we learn about everything from betting strategies to inflated valuations, trading swings, and market manipulation. This crash course in contemporary finance vividly reveals the existential anxiety at the evolving front lines of American capitalism.

Author: Daniel Scott Souleles
Publisher: University of Chicago Press
Published: 06/25/2024
Pages: 208
Binding Type: Paperback
Weight: 0.70lbs
Size: 8.90h x 5.91w x 0.55d
ISBN: 9780226833798

About the Author
Daniel Scott Souleles is an anthropologist and associate professor in the Department of Business Humanities and Law at the Copenhagen Business School. He is the author of Songs of Profit, Songs of Loss: Private Equity, Wealth, and Inequality and a coeditor of People before Markets: An Alternative Casebook.

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