Into a Distant Mirror: the 1870s
On October 16th, 2010, the front page of the Wall Street Journal (WSJ) carried a story entitled, “Flashback to 1870 as Cotton Hits Peak” (Cancryn and Cui, 2010). The newspaper included a graphic of the iconic Edgar Degas’ 1873 painting, “The Cotton Exchange at New Orleans” (See Exhibit 1). The article noted that cotton prices had not been this high since at least 1870.
Author(s):
Research Associate, EDHEC-Risk Instituteand Principal, Premia Risk Consultancy, Inc.
| Type: | Working paper |
|---|---|
| Date: | le 07/03/2011 |
| Research Cluster : | Finance |
See Also
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the top 15 European business schools. Fully international and directly connected to the business world, EDHEC is a school for business, rather than a business school, where excellence in teaching and research focuses on innovation to stimulate entrepreneurship and creativity. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching philosophy, inspired by its award-winning research activities, focuses on “learning by doing”.
