Many of us take it as a given that the Great Depression - the consequences of which reverberated for decades, crippling the future of an entire generation and setting the stage for WWII - resulted from a confluence of inexorable forces beyond any one person or government's control. In fact, as erudite economist Liaquat Ahamed explains, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown. "In Lords of Finance", we meet the neurotic and enigmatic Montagu Norman ...
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Many of us take it as a given that the Great Depression - the consequences of which reverberated for decades, crippling the future of an entire generation and setting the stage for WWII - resulted from a confluence of inexorable forces beyond any one person or government's control. In fact, as erudite economist Liaquat Ahamed explains, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown. "In Lords of Finance", we meet the neurotic and enigmatic Montagu Norman of the Bank of England; the xenophobic and suspicious Emile Moreau of the Banque de France; the arrogant yet brilliant Hjalmar Schacht of the Reichsbank; and the dynamic Benjamin Strong of the New York Federal Reserve Bank. These four men were as prominent in their time as Alan Greenspan, Hank Paulson and Mervyn King are today, but their names were lost to history, their story untold, until now.Harnessing a keen sense of history and the narrative skills of the novelist, Liaquat Ahamed tells their story in vivid and gripping detail. As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the origins and global nature of financial crises, "Lords of Finance" a timely and arresting reminder that individuals - their ambitions, limitations and human nature - lie at the very heart of global catastrophe.
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Add this copy of Lords of Finance: 1929, the Great Depression-and the to cart. $33.44, very good condition, Sold by Greener Books rated 4.0 out of 5 stars, ships from London, UNITED KINGDOM, published 2009 by William Heinemann Ltd.
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Add this copy of Lords of Finance: 1929, the Great Depression-and the to cart. $38.46, very good condition, Sold by Reuseabook rated 4.0 out of 5 stars, ships from Gloucester, GLOS, UNITED KINGDOM, published 2009 by William Heinemann Ltd.
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Dispatched, from the UK, within 48 hours of ordering. Though second-hand, the book is still in very good shape. Minimal signs of usage may include very minor creasing on the cover or on the spine. Grubby book may have mild dirt or some staining, mostly on the edges of pages.
Add this copy of Lords of Finance: the Bankers Who Broke the World to cart. $43.25, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Hialeah, FL, UNITED STATES, published 2009 by William Heinemann.
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Add this copy of Lords of Finance: the Bankers Who Broke the World to cart. $141.23, new condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Hialeah, FL, UNITED STATES, published 2009 by William Heinemann.
The author has a knack for taking a dry subject and making it as interesting as a historical novel. This is a witty and interesting recount of the great men who changed Western economy in the early twentieth century and during World War I. It also offers a striking parallel to our own sudden economic failure. I put the book down and understood economic policy. Definitely a must-read for anyone concerned with the present crisis.