University of Chicago Press
Out of the Pits: Traders and Technology from Chicago to London
Key Metrics
- Caitlin Zaloom
- University of Chicago Press
- Paperback
- 9780226978147
- 8.9 X 5.9 X 0.6 inches
- 0.7 pounds
- Business & Economics > Investments & Securities - General
- English
Secure TransactionBook Description
In Out of the Pits, Caitlin Zaloom shows how traders, brokers, and global financial markets have adapted to the digital age. Drawing on her firsthand experiences as a clerk and a trader, as well as on her unusual access to key sites of global finance, she explains how changes at the world's leading financial exchanges have transformed economic cultures and the craft of speculation; how people and places are responding to the digital transition; how traders are remaking themselves to compete in the contemporary marketplace; and how brokers, business managers, and software designers are collaborating to build new markets. A penetrating and richly detailed account of how cities, culture, and technology shape everyday life in the global economy, Out of the Pits will be required reading for anyone who has ever wondered how financial markets work.
Zaloom's superb book is a double-site ethnography [that shows how] the appearance of chaos hid a complex social order, which Zaloom delineates beautifully.--The London Review of Books
Author Bio
Caitlin Zaloom is a cultural anthropologist and an associate professor of Social & Cultural Analysis at New York University. She studies the cultural dimensions of finance, technology, and economic life.
Her latest book, Indebted: How Families Make College Work at Any Cost, explores how the financial pressures of paying for college affect middle-class families.
Zaloom is also author of Out of the Pits: Traders and Technology from Chicago to London, editor in Chief of Public Books, and co-editor of the recent volumes Think in Public and Antidemocracy in America. Zaloom’s research has been supported by the National Science Foundation, the Russell Sage Foundation, and Stanford University’s Center for Advanced Study in the Behavioral Sciences, and her work has been featured in outlets including The New York Times, The Atlantic, Time, NPR, The Chronicle of Higher Education, and Times Higher Education.
Research Interests
Culture and economy; cities and globalization; financial markets; technology and cities; science and technology studies; social theory.
Education
- 2002Ph.D. in Anthropology, University of California, Berkeley
- 1995B.A. in Middle Eastern Studies and Modern Culture and Media, Brown University
Source: NYU Institute for Public Knowledge.
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