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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'Absorbing [and] provocative, not least because it is still relevant.' -- The Economist
'Superlative ... a subject of real fascination ... Lords of Finance has the flair and wisdom to find a wide readership on the strength of its main ideas.' -- New York Times
`A great read.' -- George Soros
`A major work of scholarship'
-- Daily Telegraph
`Absorbing [and] provocative' -- The Economist
`Brilliantly readable' -- Observer
`Fascinating ... 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
`Magisterial' -- Guardian
`One of those rare books - authoritative, readable and relevant - that puts the "story" back into history ... a spellbinding, richly human [and] cinematic narrative.' -- Strobe Talbott
`has immense importance to modern policymaking ... a fascinating and even a great book' -- The Times
`Fascinating ... 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'
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Book Description Penguin (Non-Classics), 2009. Mass Market Paperback. Book Condition: New. Bookseller Inventory # mon0000166597
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Book Description Penguin Books, 2009. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: As another financial turmoil makes headlines today, the year 1929 remains the benchmark for true financial mayhem. Lords of Finance lays the blame for the meltdown at the fallibility of a small number of central bankers, men as prominent in their time as Alan Greenspan is today. "From the Hardcover edition.". Bookseller Inventory # ABE_book_new_0143116800
Book Description Penguin Books. Book Condition: New. 0143116800 This is an International Edition. Brand New, Paperback, Delivery within 6-14 business days, Similar Contents as U.S Edition, ISBN and Cover design may differ, printed in Black & White. Choose Expedited shipping for delivery within 3-8 business days. We do not ship to PO Box, APO , FPO Address. In some instances, subjects such as Management, Accounting, Finance may have different end chapter case studies and exercises. International Edition Textbooks may bear a label "Not for sale in the U.S. or Canada" and "Content may different from U.S. Edition" - printed only to discourage U.S. students from obtaining an affordable copy. The U.S. Supreme Court has asserted your right to purchase international editions, and ruled on this issue. Access code/CD is not provided with these editions , unless specified. We may ship the books from multiple warehouses across the globe, including India depending upon the availability of inventory storage. Customer satisfaction guaranteed. Bookseller Inventory # MU9780143116806
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Book Description Penguin Books, United States, 2011. Paperback. Book Condition: New. Reprint. 212 x 138 mm. Language: English . Brand New Book. Winner of the 2010 Pulitzer Prize 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. Bookseller Inventory # ABZ9780143116806