![]() ![]() ![]() Lords of Finance brings a fresh perspective on the origins of financial crises and an arresting reminder that its individuals who lie at the heart of global catastrophe. Kirkus Reviews (starred)There is terrific prescience to be found in Lords of Finances portrait of times past. These men were as prominent then as Alan Greenspan and Hank Paulson are in our time. For a distinguished and appropriately documented book on the history of the United States, Ten thousand dollars (10,000). Verified purchase: Yes Condition: pre-owned Sold by: seattlegoodwill. ![]() 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. In fact, as economist Liaquat Ahamed explains, it was decisions taken by a small number of central bankers that were the primary cause of the economic meltdown. 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. Many of us presume that the Great Depression resulted from a confluence of inexorable forces beyond any one person's or government's control. With a keen sense of history and compelling narrative skills, Liaquat Ahamed gives us a vivid and dramatic account of four men whose actions led to the world economic collapse of the late 1920s. ![]()
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