Lords Of Finance: The Bankers Who Broke The World
ISBN: 1400141796
EAN13: 9781400141791
Language: English
Pages: 0
Dimensions: 1.8" H x 7" L x 7" W
Weight: 1 lbs.
Format: Compact Disc
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Book Overview

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Winner of the 2010 Pulitzer Prize

With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers unforgettable portraits of the four men whose personal and professional actions as heads of their respective central banks changed the course of the twentieth century

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 taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War I and reverberated for decades.

In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious mile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose fa ade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear--that the greatest threat to capitalism was Read More chevron_right

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   Lords of Finance - Great book if you are interested in Central Banking History.
Certainly a must read if you are interested in history of money.
The book covers end of WW1 through WW2.
Not a finance book, more of a history but gives you a good picture of what happened and why.
I strongly recommend it.