Other People's Money: And How The Bankers Use It - Paperback

by Louis D. Brandeis (Author), Norman Hapgood (Foreword by)

""Other People's Money: And How The Bankers Use It"" is a book written by Louis D. Brandeis, first published in 1914. The book is a critical analysis of the American banking system and the way in which bankers use the money of their depositors for their own financial gain. Brandeis argues that the concentration of wealth in the hands of a few powerful bankers is a threat to democracy and the overall economic health of the nation. He also discusses the role of government in regulating the banking industry and suggests reforms that would increase transparency and accountability. The book is considered a classic in the field of economics and has been influential in shaping public policy on banking and finance. It remains relevant today as debates continue over the role of banks and financial institutions in society.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

Back Jacket

Louis Brandeis published Other People's Money in 1914 to warn of the dangers of the "money trust" - the extensive control a few powerful banks exercised over the nation's money supply and American industry. This new edition places Brandeis's influential work in the context of Progressive-era reform and describes the key role that Brandeis and his book played in shaping early twentieth-century public policy. Photographs, a chronology, questions for consideration, a bibliography, and an index are also provided.