Milevsky, Moshe a.  | Cambridge University Press

83,950원  | 20190301  | 9781107430754

The book reviews the finance, economics, and history of tontines, through the story of the first tontine in England in 1693, which was intended to finance the war against France. Although tontines eventually disappeared from the financial landscape, the author argues that they should be resurrected in the twenty-first century.