Rival European capitals launched their own stock exchanges
The securitization of the world was under way
Murphy, Richard McGill 1 Jul 2014
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"The Role of a Stock Market in a General Equilibrium Model with Technological Uncertainty".
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As Richard McGill Murphy 2014 notes: "In 1602 the Dutch East India Company opened the world's first stock exchange in Amsterdam
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It's worth remembering the original Amsterdam Bourse because it established the template for the modern financial center, a physical place where finance professionals help companies access the capital they need to grow
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