Anthony J. Pennings, PhD

WRITINGS ON DIGITAL ECONOMICS, ENERGY STRATEGIES, AND GLOBAL COMMUNICATIONS

Thomas Edison Builds the Universal Ticker-Tape Machine

Electricity was being harnessed to expand finance’s reach throughout the country and across the seas. New networks of telegraphed information and news added both layers of certainty and volatility to Wall Street and for investors around the world. Edison’s inventions and patents helped solidify these technological innovations and the financial practices and provided the means for him to escape New York and set up his laboratories and facilities for creative innovation and manufacture.

Black Friday and Thomas Edison’s Stock Ticker

The early life of Thomas Alva Edison provides a useful index of the times. It can be argued that Edison would probably not have rose to prominence without the financial turmoil of the late 1860s. Edison happened to be in New York during the famous gold speculation of 1869 that resulted in the “Black Friday” crash.

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  • About Me

    Professor at State University of New York (SUNY) Korea since 2016. Moved to Austin, Texas in August 2012 to join the Digital Media Management program at St. Edwards University. Spent the previous decade on the faculty at New York University teaching and researching information systems, digital economics, and strategic communications.

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    apennings70@gmail.com
    anthony.pennings@sunykorea.ac.kr

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    The opinions expressed here do not necessarily reflect the views of my employers, past or present.