Winner of the 2010 Pulitzer Prize “A magisterial work…You’ll be able to’t assist fascinated by the financial disaster we’re residing by now.”–The New York Instances Ebook Evaluation It’s generally believed that the Nice Melancholy that started in 1929 resulted from a confluence of occasions past anyone individual’s or authorities’s management. In actual fact, as Liaquat Ahamed reveals, it was the choices made by a small variety of central bankers that have been the first reason for that financial meltdown, the consequences of which set the stage for World Warfare II and reverberated for many years. As one more interval of financial turmoil makes headlines at the moment, Lords of Finance is a potent reminder of the large impression that the choices of central bankers can have, their fallibility, and the horrible human penalties that may outcome when they’re improper.
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