Lords of Finance
1929, the Great Depression, and the Bankers Who Broke the World
Автор(и) : Liaquat Ahamed
Издател : Windmill Books
Място на издаване : London, UK
Година на издаване : 2010
ISBN : 978-0-099-49308-2
Брой страници : 564
Език : английски
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Pulitzer Prize Winners for 2010
Pulitzer Prize for History:
Lords of Finance: 1929, the Great Depression, and the Bankers Who Broke the World by Liaquat Ahamed
The current financial crisis has only one parallel: the Wall Street Crash of 1929 and subsequent Great Depression of the 1930s, which crippled the future of an entire generation and set the stage for the horrors of the Second World War. Yet the economic meltdown could have been avoided, had it not been for the decisions taken by a small number of central bankers. In ""Lords of Finance"", we meet these men, the four bankers who truly broke the world: the enigmatic Norman Montagu of the bank of England, Benjamin Strong of the NY Federal Reserve, the arrogant yet brilliant Hjalmar Schacht of the Reichsbanlk and the xenophobic Emile Moreau of the Banque de France. Their names were lost to history, their lives and actions forgotten, until now. Liaquat Ahamed tells their story in vivid and gripping detail, in a timely and arresting reminder that individuals - their ambitions, limitations and human nature - lie at the very heart of global catastrophe. ""Mr. Ahamed does a superlative job of explaining the ever-germane way the problems of one shyster, one bank, one treasury or one economy can set off repercussions all around the globe,"" a New York Times reviewer wrote.
The book was a finalist for the Samuel Johnson Prize, Britain's leading nonfiction book award. Ahamed said he was working on another book about economic history.