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Lords of Finance: The Bankers Who Broke the World (Hardcover)
$32.95
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Description
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 II 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
About the Author
Liaquat Ahamed has been a professional investment manager for 25 years. He has worked at the World Bank in Washington D.C. and the New York based partnership of Fischer Francis Trees and Watts, where he served as Chief Executive. He is currently an adviser to several hedge fund groups, including the Rock Creek Group and the Rohatyn Group, is a director of Aspen Insurance Co. and is on the board of Trustees of the Brookings Institution. He has degrees in economics from Harvard and Cambridge Universities.
Praise for Lords of Finance: The Bankers Who Broke the World…
“In this fascinating book Liaquat Ahamed offers us the best of his talents as economist, historian, biographer and financier. Lords of Finance is a brisk, original, incisive and entertaining account of a crucial time in the world''s economic history that continues to affect us all today. Anyone who wants to understand the origins of the economic world we live in would do well to read this book.”—Michael Beschloss, author of Presidential Courage: Brave Leaders and How they Changed America
“Here is one of those rare books—authoritative, readable and relevant—that puts the ''story'' back into history. What a story it is. It stars four quirky, mysterious, and headstrong central bankers, masters of the universe in their era. Unlucky and unwise as they were powerful, they presided over a global economic debacle that led to a world war. And what a storyteller they have found in Liaquat Ahamed. He weaves a spell-binding, richly human, cinematic narrative about a pivotal episode in the last century that resonates with the headlines of today.”—Strobe Talbott, president, Brookings Institution and author of The Great Experiment: The Story of Ancient Empires, Modern States and the Quest for a Global Nation
