The Origins of Value: The Financial Innovations that Created Modern Capital Markets

by William N. Goetzmann, K. Geert Rouwenhorst

Business Finance economic history

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The Origins of Value explores the financial innovations behind modern capital markets. William N. Goetzmann and K. Geert Rouwenhorst provide a historical examination of how financial ideas and institutions developed, offering readers a broad perspective on the origins of value and the evolution of finance.

ISBN-13 9780195175714 ASIN 0195175719 Views 133 Publisher Oxford University Press Year 2005 Format Hardcover Product Group Book Pages 416 Created February 28, 2026 Updated October 17, 2026

About This Book

The Origins of Value examines the financial innovations that created modern capital markets.

Written by William N. Goetzmann and K. Geert Rouwenhorst, the book connects financial development with the evolution of markets.

It offers a historical perspective on the origins of value and the institutions, ideas, and innovations associated with modern finance.

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The Origins of Value: The Financial Innovations that Created Modern Capital Markets

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