Other People's Money and How the Bankers Use It (Barnes & Noble Digital Library)

Business & Finance, Economics, Money & Monetary Policy
Cover of the book Other People's Money and How the Bankers Use It (Barnes & Noble Digital Library) by Louis D. Brandeis, Barnes & Noble
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Author: Louis D. Brandeis ISBN: 9781411466326
Publisher: Barnes & Noble Publication: March 13, 2012
Imprint: Barnes & Noble Language: English
Author: Louis D. Brandeis
ISBN: 9781411466326
Publisher: Barnes & Noble
Publication: March 13, 2012
Imprint: Barnes & Noble
Language: English

This edition includes a modern introduction and a list of suggested further reading.

 

There are few indictments of the American banking system as searing as Other People’s Money and How the Bankers Use It, written by Louis D. Brandeis in 1913. Long considered one of the major muckraking exposés of the Progressive period, it still speaks powerfully to our own times. The book led to the establishment of stringent regulations on the banking system, rules that undergirded decades of pros­perity and stability for both banks and the American economy after World War II. Weakening those rules led to the great banking meltdown of 2008, when once again the greed and recklessness that Brandeis had warned about triggered a major depression and cost hundreds of thousands of people their jobs and homes.

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This edition includes a modern introduction and a list of suggested further reading.

 

There are few indictments of the American banking system as searing as Other People’s Money and How the Bankers Use It, written by Louis D. Brandeis in 1913. Long considered one of the major muckraking exposés of the Progressive period, it still speaks powerfully to our own times. The book led to the establishment of stringent regulations on the banking system, rules that undergirded decades of pros­perity and stability for both banks and the American economy after World War II. Weakening those rules led to the great banking meltdown of 2008, when once again the greed and recklessness that Brandeis had warned about triggered a major depression and cost hundreds of thousands of people their jobs and homes.

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