Speculative Enterprise

In the wake of the 1688 revolution, England’s transition to financial capitalism accelerated dramatically. Londoners witnessed the rise of credit-based currencies, securities markets, speculative bubbles, insurance schemes, and lotteries. Many understood these phenomena in terms shaped by their experience with another risky venture at the heart of London life: the public theater. Speculative Enterprise traces the links these observers drew between the operations of Drury Lane and Exchange Alley,