Dear Library Patrons, The mission of NYPL is to inspire lifelong learning, advance knowledge, and strengthen our communities. Government support only pays for a portion of our work, so we rely on you to help - from stocking our shelves with amazing books, expanding our e-Book selection, classes, events, or even making free WiFi accessible to all. We are trying to raise $500,000 by December 31: an ambitious goal, but one that will fund incredible learning and reading in our community. Please consider donating to help keep our services free to all New Yorkers in 2015 >>

[]
[]

Lords of Finance

The Bankers Who Broke the World

Ahamed, Liaquat

(Downloadable Audiobook - 2009)
Average Rating: 3 stars out of 5.
Lords of Finance
Print
With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers unforgettable portraits of four men--Montagu Norman, Amile Moreau, Hjalmar Schacht, and Benjamin Strong--whose personal and professional actions as heads of their respective central banks changed the course of the twentieth century.
Publisher: [Old Saybrook, Conn.] : Tantor Media, 2009
ISBN: 1400191793
9781400191796
Branch Call Number: eNYPL Audio
Additional Contributors: Hoye, Stephen
OverDrive, Inc

Opinion

From the critics


Community Activity

Comment

Add a Comment

Nov 23, 2013
  • StarGladiator rated this: 1.5 stars out of 5.

"In this historical study, Ahamed, a professional money manager, sums up the causes of the Great Depression as a series of economic policy blunders that could have been avoided." No, Andrew Mellon, US Treasury secretary for three consecutive administrations, set in motion certain policies which would benefit the uber rich, to the detriment of working people and the poor in America. Add to this the securitization ( in this case transforming debt into stocks, instead of securities as they do in today's meltdown), coupled with tax cuts in the form of Prohibition (no longer able to tax alcoholic beveriges, which severely hampered revenues) and you have economic chaos. Yes, the author is correct on some of the complements on Keynes, but his reframing of financial history is unacceptable. The Federal Reserve (created by the legislation of 1913) acted back then, as it does today, only on behalf of the banksters. Mellon's oil companies reaped great profits from the oil depletion allowance (also instituted in 1913), for many years earning more from that than profits from their operations.

Age

Add Age Suitability

There are no ages for this title yet.

Summary

Add a Summary

There are no summaries for this title yet.

Notices

Add a Notice

There are no notices for this title yet.

Quotes

Add a Quote

There are no quotes for this title yet.

Find it at NYPL

  Loading...

Your Cart

Hello! We noticed you have the following items in your cart right now:

If you'd still like to purchase the items you have in your cart, you can do that now.

You'll be able to purchase your eBook after you have checked out your current cart.

Lords of Finance
Ahamed, Liaquat
Lords of Finance

To continue with your eBook purchase immediately, you can clear your cart by clicking below.

All items will be removed from your cart.


I'd like to keep browsing! I'll decide later.

Explore Further


Browse the Shelf

Browse the shelf is not available for this title.


Subject Headings


Recommendations

  Loading...

Powered by BiblioCommons.
app05 Version gurli Last updated 2014/12/09 10:52