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"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.
Liaquat Ahmed has been a professional investment manager for twenty-five 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.
Table of Contents
The Unexpected Storm August 1914
A Strange and Lonely Man
The Young Wizard
A Safe Pair of Hands
L'Inspecteur Des Finances
After The Deluge 1919-23
A Barbarous Relic
Sowing A New Wind 1923-28
A Bridge between Chaos and Hope
The Dawes Opening
The Golden Chancellor
The First Squalls
Un Petit Coup De Whisky
Reaping Another Whirlwind 1928-33
Into the Vortex
Purging the Rottenness
A Loose Cannon on The Deck of The World
Gold Standard on the Booze
The Caravans Move on
Table of Contents provided by Ingram. All Rights Reserved.