Lords of Finance

Lords of Finance

The Bankers Who Broke the World

Additional Formats
  • Paperback
  • ISBN 9780143116806
  • 576 Pages
  • Penguin Books
  • Adult


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.

Lords of Finance

Lords of Finance

Liaquat Ahamed


Pulitzer Prize for History – Winner
Financial Times and Goldman Sachs Business Book of the Year Award – Winner
Arthur Ross Book Award – Winner


“In this fascinating book Liaquat Ahamed offers us the best of his talents as economist, historian, biographer and financier. Lords of Finance is a brisk, original, incisive and entertaining account of a crucial time in the world’s economic history that continues to affect us all today. Anyone who wants to understand the origins of the economic world we live in would do well to read this book.”—Michael Beschloss, author of Presidential Courage: Brave Leaders and How they Changed America
“Here is one of those rare books—authoritative, readable and relevant—that puts the ‘story’ back into history. What a story it is. It stars four quirky, mysterious, and headstrong central bankers, masters of the universe in their era. Unlucky and unwise as they were powerful, they presided over a global economic debacle that led to a world war. And what a storyteller they have found in Liaquat Ahamed. He weaves a spell-binding, richly human, cinematic narrative about a pivotal episode in the last century that resonates with the headlines of today.”—Strobe Talbott, president, Brookings Institution and author of The Great Experiment: The Story of Ancient Empires, Modern States and the Quest for a Global Nation
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