Lords Of Finance:

"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.



New masters of the media universe - The Guardian


The Guardian

New masters of the media universe
The Guardian
Liaquat Ahamed's book Lords of Finance is truly wonderful too. I don't really have a favourite economist, as such, but I admire the works of Carmen Reinhart and Raghuram Rajan. Andy Haldane at the Bank of England has promoted some important, ...

Romney, Private Equity, and the Future of American Capitalism - Huffington Post (blog)


Romney, Private Equity, and the Future of American Capitalism
Huffington Post (blog)
In this return to a feudal economy, the lords of finance would rule over the impoverished masses, and there would be no job protections, benefits, or organized labor. As more jobs will be shifted overseas, we will witness the complete destruction of ...

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World Economic Forum: Impressions of a Davos companion - Economic Times


World Economic Forum: Impressions of a Davos companion
Economic Times
Time to stop, think and debate - how did we get here, why was what seemed good for all hijacked by lords of finance and big corporations for their own good. Everything this year seems under scrutiny.

Is US losing its economic power to China? - Rediff


Rediff

Is US losing its economic power to China?
Rediff
Liaquat Ahmed, Pulitzer Prize-winning author of Lords of Finance, says, "If you want to understand the true magnitude of the shift in economic power that is currently changing the world, Eclipse is the book to read." Is US losing its economic power to ...

Obama Sings; Republicans Get the Hook - Huffington Post


Obama Sings; Republicans Get the Hook
Huffington Post
That these lords of finance received trillions in TARP money and other aid rubs salt in the wound of many voters. As most Americans struggled to make ends meet over the last four years, they are not going to forget that these "troubled" bankers still ...

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The Problem with the Gold Standard - Big Think (blog)


The Problem with the Gold Standard
Big Think (blog)
The following excerpt on this subject is from Liaquat Ahamed's brilliant book Lords of Finance. "Gold had been used as a form of currency for millennia. … Most of the monetary gold in the world, almost two-thirds, did not circulate but lay buried deep ...

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The Truth About Gold - Seeking Alpha


The Truth About Gold
Seeking Alpha
Quite simply, it has never worked, and if you want to see why, read one of the great financial books of the last few years, Lords of Finance by Ahamed Liaquat. In addition, the price of gold being set by global psychology and not being supported by ...

Greedy guts - The Asian Age


Greedy guts
The Asian Age
Raghuram Rajan (Fault Lines) and Liaquat Ahamed (Lords of Finance) provide such satisfying fare on the Great Recession through their seminal works. I enjoy both Robert Ludlum and John le Carre. Ludlum's Bourne exclaims, “Look! Plot twists! Action!

Exclusive Interview: Obama's Democratic Challenger on the Issues - Uncovered Politics


Uncovered Politics

Exclusive Interview: Obama's Democratic Challenger on the Issues
Uncovered Politics
Instead of placing the blame for this severe economic downtown squarely on the Lords of Finance on Wall Street where it clearly belongs, the Republicans have found a convenient scapegoat in the estimated 11-20 million illegal aliens living in the ...

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