The Last Book Shelf
Download
the canon
Cover of Lords of Finance by Liaquat Ahamed

Lords of Finance

Liaquat Ahamed · 2009

The Pulitzer Prize-winning account of four central bankers — of the US, Britain, France, and Germany — whose decisions in the 1920s and 1930s crashed the global economy and triggered the Great Depression. Ahamed turns monetary policy into a page-turner, showing how ego, orthodoxy, and the gold standard turned a recession into a catastrophe. The book that makes you understand why central banks matter more than stock picks.

The case against

Ahamed's four-banker braid means the same conferences, crises, and gold shipments get narrated three or four times from rotating angles, and the book runs five hundred pages partly on that repetition. Hindsight does heavy work too: every decision is graded against an answer key the 1920s did not possess, which makes the protagonists look dumber than they were.

Business & Investing · the Pro canon

The case for it and the rest of the canon open with Pro.

if this one calls to you, so will these →