Lords of Finance: The Bankers Who Broke the World

Author: Liaquat Ahamed
Publisher: Penguin (Non-Classics)
Released: 2009

Editorial Reviews:
Winner of the Financial Times and Goldman Sachs Business Book of the Year 2009

“Ahamed cannot have foreseen how timely his book would be. Unlike most works on the origins of the Great Depression, Lords of Finance is highly readable – enlivened by vivid biographical detail but soundly based on the literature. That it should appear now, as history threatens to repeat itself, compounds its appeal.”
— Niall Ferguson, Financial Times

“Erudite, entertaining macroeconomic history of the lead-up to the Great Depression as seen through the careers of the West’s principal bankers…Spellbinding, insightful and, perhaps most important, timely.”
Kirkus Reviews (starred)

"A magisterial work...You can't help thinking about the economic crisis we're living through now." --The New York Times Book Review


Product Description:
"A magisterial work...You can't help thinking about the economic crisis we're living through now." --The New York Times Book Review
It is commonly believed that the Great Depression that began in 1929 resulted from a confluence of events beyond any one person's or government's control. In fact, as Liaquat Ahamed reveals, it was the decisions made by a small number of central bankers that were the primary cause of that economic meltdown, the effects of which set the stage for World War II and reverberated for decades. As yet another period of economic turmoil makes headlines today, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, their fallibility, and the terrible human consequences that can result when they are wrong.


Disclaimers:
Some information provided by ISBNdb

powered by JCollection