Lords of Finance
Author: Liaquat Ahamed
Publisher: Penguin
ISBN: 0143116800
Category: Business & Economics
Page: 564
View: 476
Language: en
Pages: 564
Pages: 564
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.
Language: en
Pages: 576
Pages: 576
THIS HAS HAPPENED BEFORE. 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
Language: en
Pages: 155
Pages: 155
For the world's bankers, it is not April that is the cruellest month, but September. It is when most financial crises hit and the world's stock markets have their biggest tumbles. During the 19th and 20th century it was thought that the pattern was caused by the crop seasons. But
Language: en
Pages: 292
Pages: 292
"Money is a promise with future benefits or dangers that can never, because unknowable, be calculated. The financial sector is driven to beat this uncertainty by speculating on whether prices will rise or fall. No matter how often the folly of this behaviour is demonstrated through crisis after crisis, this
Language: en
Pages: 234
Pages: 234
Takes a critical look at the international business of charity and relief efforts, exposing the bureaucratic inefficiency
