Books like Lords of finance by Liaquat Ahamed


Liaquat Ahamed’s *Lords of Finance* is a rigorous economic history that explains how the Great Depression was largely the result of decisions made by a handful of central bankers. Through detailed biographies of Montagu Norman (Bank of England), Emile Moreau (Banque de France), Hjalmar Schacht (Reichsbank), and Benjamin Strong (Federal Reserve Bank of New York), the book shows how their pursuit of a return to the gold standard stabilized currencies in the early 1920s but ultimately created a fragile system that collapsed in 1929. It outlines the global financial panic that set the stage for World War II and demonstrates the enduring lessons about the power and fallibility of central banking.
First publish date: 2009
Genre: History/Modern History
Authors: Liaquat Ahamed
★ ★ ★ ★ ★ 4.0 (1 community ratings)

Lords of finance by Liaquat Ahamed

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