The Protecting American Investors project investigates the evolving structure and content of financial advice from the early 20th century to the birth of the Internet. By converting and cleaning thousands of investment advice columns from historical newspapers and magazines, we assembled a large corpus to address our research questions. Through text analysis methods like topic modeling, we have seen how the business cycle affects the nature of advice, the speed in which different financial innovations were integrated, and how advice differs among various targeted social groups.
Project Lead: Ed Balleisen
Watch the team’s final presentation (on Zoom) here: