Winner of the Pulitzer Prize“Erudite, entertaining macroeconomic history of the lead-up to the Great Depression as seen through the careers of the West's principal bankers... Spellbinding, insightful and, perhaps most important, timely.” —Kirkus Reviews (starred)“There is terrific prescience to be found in [Lords of Finance's] portrait of times past... [A] writer of great verve and erudition, [Ahamed] easily connects the dots between the economic crises that rocked the world during the years his book covers and the fiscal emergencies that beset us today.'—The New York TimesIt 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 we continue to grapple with economic turmoil, 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.

zlib/no-category/（美）艾哈迈德 & chenjin5.com/金融之王：毁了世界的银行家_18399951.mobi

Lords of Finance : The Bankers Who Broke the World (Pulitzer Prize Winner)

Ahamed, Liaquat

Liaquat Ahamed

Dorling Kindersley Publishers Ltd

Ladybird Books Ltd

Penguin Books

Penguin Press

New York Times best sellers, New York, 2009

United Kingdom and Ireland, United Kingdom

Penguin Random House LLC, New York, 2009

New York, New York State, 2009

New York, USA, 2009

Illustrated, 2009

Includes bibliographical references (p. [533]-544) and index.

With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers unforgettable portraits of the four men whose personal and professional actions as heads of their respective central banks changed the course of the twentieth centuryIt 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 taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades.In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Emile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose facade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard.For a brief period in the mid-1920s they appeared to have succeeded. The world's currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression.As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.

<p class="null1">Winner of the 2010 Pulitzer Prize</p>
<p class="null1">"A magisterial work...You can't help thinking about the economic crisis we're living through now." —<i>The New York Times Book Review</i></p>
<p>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, <i>Lords of Finance</i> 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.</p>


<p><b>2010 Pulitzer Prize Winner for History</b><br>
<b>2009 Financial Times/Goldman Sachs Business Book of the Year winner.</b>
</p>

pt. 1. The unexpected storm, August 1914.
Prologue
A strange and lonely man
The young wizard
A safe pair of hands
L'inspecteur des finances
Money generals
pt. 2. After the deluge, 1919-23.
Demented inspirations
Uncle Shylock
A barbarous relic
pt. 3. Sowing a new wind, 1923-28.
A bridge between chaos and hope
The Dawes opening
The golden chancellor
La Bataille
The first squalls
Un petit coup de whisky
pt. 4. Reaping another whirlwind, 1928-33.
Into the vortex
Purging the rottenness
Magneto trouble
A loose cannon on the deck of the world
Gold fetters
pt. 5. Aftermath, 1933-1944.
Gold standard on the booze
The caravans move on
Epilogue.

With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers portraits of four men--Montagu Norman, Amile Hilaire Emile Moreau, Hjalmar Horace Greeley Schacht, and Benjamin Strong--whose personal and professional actions as heads of their respective central banks changed the course of the twentieth century

With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers unforgettable portraits of four men--Montagu Norman, Amile Moreau, Hjalmar Schacht, and Benjamin Strong--whose personal and professional actions as heads of their respective central banks changed the course of the twentieth century.

Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.

2021-12-19