Lords of Finance
The Bankers Who Broke the World (Pulitzer Prize Winner)
Published on 29. December 2009
Book
Paperback/Softback
576 pages
978-0-14-311680-6 (ISBN)
Description
Winner of the Pulitzer Prize
“A magisterial work.” —New York Times Book Review
“The rich and charming story of the end of the world.” —TIME
“Highly readable.” —Financial Times
“This absorbing study of the first collective of central bankers is provocative, not least because it is still relevant.” —The Economist
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 we continue to grapple with economic turmoil, 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.
“A magisterial work.” —New York Times Book Review
“The rich and charming story of the end of the world.” —TIME
“Highly readable.” —Financial Times
“This absorbing study of the first collective of central bankers is provocative, not least because it is still relevant.” —The Economist
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 we continue to grapple with economic turmoil, 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.
More details
Language
English
Place of publication
United States
Publishing group
Penguin Putnam Inc
Product notice
Paperback (trade)
Dimensions
Height: 213 mm
Width: 143 mm
Thickness: 35 mm
Weight
526 gr
ISBN-13
978-0-14-311680-6 (9780143116806)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Person
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.