KNYGA Andrew Mcdiarmid The Tontine: A History

Discover the fascinating world of finance with Tontine: A History by Andrew McDiarmid, published by Taylor & Francis Ltd in 2024. This engaging hardback spans 94 pages, offering a comprehensive exploration of the tontine—a financial instrument that dominated the landscape for nearly two centuries, starting in the late seventeenth century. In this insightful book, McDiarmid delves into how tontines functioned as shared investment funds with the unique benefit of survivorship. From meeting rooms and libraries to public baths, theatres, armies, and even religious institutions, the tontine was an omnipresent scheme that influenced various aspects of society. Whether you're a finance enthusiast or simply curious about historical investment practices, Tontine: A History provides a captivating look at this once-ubiquitous financial tool.