Robert Sobel
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Robert Sobel (February 19, 1931 – June 2, 1999) was an American professor of history at
Hofstra University Hofstra University is a Private university, private research university in Hempstead, New York, United States. It originated in 1935 as an extension of New York University and became an independent college in 1939. Comprising ten schools, includ ...
and a well-known and prolific writer of business histories.


Biography

Sobel was born in
the Bronx The Bronx ( ) is the northernmost of the five Boroughs of New York City, boroughs of New York City, coextensive with Bronx County, in the U.S. state of New York (state), New York. It shares a land border with Westchester County, New York, West ...
. He completed his B.S.S. (1951) and M.A. (1952) at
City College of New York The City College of the City University of New York (also known as the City College of New York, or simply City College or CCNY) is a Public university, public research university within the City University of New York (CUNY) system in New York ...
, and after serving in the U.S. Army, obtained a Ph.D. from
New York University New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational ...
in 1957. He started teaching at Hofstra in 1956. Sobel eventually became Lawrence Stessin Distinguished Professor of
Business History Business history is a historiographical field which examines the history of firms, business methods, government regulation and the effects of business on society. It also includes biographies of individual firms, executives, and entrepreneurs ...
at
Hofstra University Hofstra University is a Private university, private research university in Hempstead, New York, United States. It originated in 1935 as an extension of New York University and became an independent college in 1939. Comprising ten schools, includ ...
. Sobel and his wife, the former Carole Ritter, had two children. He died from brain cancer at his home in Long Beach, New York, on June 2, 1999, at the age of 68. After his death, the university established the ''Robert Sobel Endowed Scholarship for Excellence in Business History & Finance.''


Books

Sobel's first business history, published in 1965, was ''The Big Board: A History of the New York Stock Market''. It was the first history of the stock market written in over a generation. The commercial and critical success of ''The Big Board'' launched a prodigious writing career during which Sobel authored more than 30 books, several of them best sellers, many articles, book reviews, and scripts for television documentaries and mini-series. From 1972 to 1988, Sobel's weekly investment column, "Knowing the Street", was nationally syndicated through New York ''
Newsday ''Newsday'' is a daily newspaper in the United States primarily serving Nassau and Suffolk counties on Long Island, although it is also sold throughout the New York metropolitan area. The slogan of the newspaper is "Newsday, Your Eye on LI" ...
''. He was also regularly published in national periodicals, including ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' and ''
The Wall Street Journal ''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscriptio ...
''. At the time of his death, Sobel was also a contributing editor to '' Barron's Magazine''. He was a regular guest on financial and other news shows, such as '' Wall Street Week'' and ''Crossfire''. Sobel was nearly as famous for his only work of fiction, the 1973 book, '' For Want of a Nail''. This book is an
alternate history Alternate history (also referred to as alternative history, allohistory, althist, or simply A.H.) is a subgenre of speculative fiction in which one or more historical events have occurred but are resolved differently than in actual history. As ...
in which Burgoyne won the Battle of Saratoga during the
American Revolutionary War The American Revolutionary War (April 19, 1775 – September 3, 1783), also known as the Revolutionary War or American War of Independence, was the armed conflict that comprised the final eight years of the broader American Revolution, in which Am ...
. This work detailed the history of an alternate timeline, complete with footnotes. Sobel had authored or co-authored several actual textbooks. ''For Want of a Nail'' was republished in 1997 and won a special achievement Sidewise Award for Alternate History that year.


Wall Street

Sobel's dominant passion was
Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...
, a fascination that he held since his childhood. "It is as though you are walking through a historical theme park, with this engaging man at your side pointing out the sights," said Andrew Tobias, the author and investment guide, in a review in ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'' of ''The Last Bull Market: Wall Street in the 1960s'' (W. W. Norton, 1978). Most of Sobel's books were written for a general audience, but he never bristled when some scholarly writers dismissed him as a "popularizer," said his colleague and friend George David Smith, a professor of economic history at New York University. "Quite the contrary—he saw that as his mission in life."


Selected bibliography


Fiction

*


Non-fiction

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *** A paperback reprint of ''IBM: Colossus in Transition''. * *


References

* Hand, Judson, "If Washington Hadn't Been the Father of His Country," '' Sunday (New York Daily) News'', February 18, 1973. * MacGregor, Martha, "The Week in Books," ''
New York Post The ''New York Post'' (''NY Post'') is an American Conservatism in the United States, conservative daily Tabloid (newspaper format), tabloid newspaper published in New York City. The ''Post'' also operates three online sites: NYPost. ...
'', March 31, 1973. * Sicilia, DB, "Remembering Robert Sobel (1931-1999)"
Enterprise & Society: The International Journal of Business History
', Vol. 1, Issue 1, pp. 182–187, (March 2000). * Skow, John, "Parlor Games," ''
Time Time is the continuous progression of existence that occurs in an apparently irreversible process, irreversible succession from the past, through the present, and into the future. It is a component quantity of various measurements used to sequ ...
'', April 9, 1973.


External links


''Booknotes'' interview with Sobel on ''Coolidge: An America Enigma'', August 30, 1998.
* * {{DEFAULTSORT:Sobel, Robert 1931 births 1999 deaths 20th-century American historians 20th-century American male writers 20th-century American novelists American finance and investment writers American male non-fiction writers City College of New York alumni Deaths from brain cancer in New York (state) Historians from New York (state) Hofstra University faculty Military personnel from New York City New York University alumni People from Long Beach, New York Sidewise Award winners Writers from the Bronx United States Army soldiers American alternate history writers