King William's Tontine Why the Retirement Annuity of the Future Should Resemble Its Past |
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| Author:
| Milevsky, Moshe A. |
| ISBN: | 978-1-139-87931-6 |
| Publication Date: | May 2015 |
| Publisher: | Cambridge University Press
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| Book Format: | Digital download and online |
| List Price: | USD $225.00 |
Book Description:
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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.
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.