Fictions and Futures #1 – Happiness in the Abstract 2 November 2013

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Fictions and Futures #1 – Happiness in the Abstract
Arne Hector & Minze Tummescheit, DE 2013, 35:00 min

In finance, futures are contracts between two parties to buy or sell an asset in the future for a price agreed upon today. The Chicago Board of Trade listed the first-ever standardized futures contract in 1864, based on grain trading. Fictions and Futures looks at the latest developments in the futures market and its role in increasing food prices.

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Magic of Markets

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