Awards

• Short-listed for Samuel Johnson Prize for Non-Fiction 2009
• Winner of Pulitzer Prize (History) 2010

Overview

Winner of the 2010 Pulitzer Prize 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.

Full Product Details

9781594201820

Table of Contents

Reviews

aAhamed cannot have foreseen how timely his book would be. Unlike most works on the origins of the Great Depression, Lords of Finance is highly readable a enlivened by vivid biographical detail but soundly based on the literature. That it should appear now, as history threatens to repeat itself, compounds its appeal.a<br>a Niall Ferguson, Financial Times <br> aErudite, entertaining macroeconomic history of the lead-up to the Great Depression as seen through the careers of the Westas principal bankersa]Spellbinding, insightful and, perhaps most important, timely.a<br>a Kirkus Reviews (starred)

Author Information

Liaquat Ahamed has been a professional investment manager for 25 years. He has worked at the World Bank in Washington D.C. and the New York based partnership of Fischer Francis Trees and Watts, where he served as Chief Executive. He is currently an adviser to several hedge fund groups, including the Rock Creek Group and the Rohatyn Group, is a director of Aspen Insurance Co. and is on the board of Trustees of the Brookings Institution. He has degrees in economics from Harvard and Cambridge Universities.

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