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The Lords of Easy Money
The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America’s most mysterious institutions—the Federal Reserve—to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country’s economic stability at risk. If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the...
Kochland
NEW YORK TIMES BESTSELLER * NEW YORK TIMES NOTABLE BOOK OF 2019 * WINNER OF THE J ANTHONY LUKAS WORK-IN-PROGRESS AWARD * FINANCIAL TIMES’ BEST BOOKS OF 2019 * NPR FAVORITE BOOKS OF 2019 * FINALIST FOR THE FINACIAL TIMES/MCKINSEY BUSINESS BOOK OF 2019 * KIRKUS REVIEWS BEST BOOKS OF 2019 * SCHOOL LIBRARY JOURNAL BEST BOOKS OF 2019 “Superb…Among the best books ever written about an American corporation.” —Bryan Burrough, The New York Times Book Review Just as Steve Coll told the story of globalization through ExxonMobil and Andrew Ross Sorkin told the story of Wall Street excess through Too Big to Fail, Christopher Leonard’s Kochland uses the extraordinary account of how one of the ...
The Meat Racket
"In The Meat Racket, investigative reporter Christopher Leonard delivers the first-ever account of how a handful of companies have seized the nation's meat supply. He shows how they built a system that puts farmers on the edge of bankruptcy, charges high prices to consumers, and returns the industry to the shape it had in the 1900s before the meat monopolists were broken up. At the dawn of the 21st century, the greatest capitalist country in the world has an oligarchy controlling much of the food we eat and a high-tech sharecropping system to make that possible. These companies are even able to raise meat prices for consumers while pushing down the price they pay to farmers. We know that it takes big companies to bring meat to the American table. What The Meat Racket shows is that this industrial system is rigged against all of us."--Publisher information.
Summary of Christopher Leonard’s The Lords of Easy Money
Buy now to get the main key ideas from Christopher Leonard’s The Lords of Easy Money In The Lords of Easy Money (2022), journalist Christopher Leonard analyzes the decisions and policies of one of the most mysterious American institutions: the Federal Reserve. Leonard explains how the Fed managed the US economic system before, during, and after the financial crash of 2008, and highlights its powers to control interest rates and push banks and investors to incur riskier debts. The central bank is an intricate and powerful system that plays a huge role in determining the present and future of the US economy. Yet as the coronavirus crisis has again proven, the Fed and the system around it are deeply flawed.
Summary of Christopher Leonard's The Lords of Easy Money
Please note: This is a companion version & not the original book. Sample Book Insights: #1 The Federal Reserve System is the only institution in the world that can create American dollars at will. Because he was a senior official at the Federal Reserve, Thomas Hoenig had to think about money all the time. He had to think about it as a system to be managed and managed just right, or else terrible things might happen. #2 For a year, Hoenig had been voting no. If you tallied his votes during 2010, the tally would read: no, no, no, no, no, and no. His dissents had become expected, but they were also startling if you considered Tom Hoenig’s character. He was a rule-follower. #3 The American financial system had collapsed in late 2008, after the investment bank Lehman Brothers collapsed. The world of central banking was neatly divided into two eras: pre-GFC and post-GFC. The GFC itself was apocalyptic. #4 The Fed is like a group of engineers in the control room of a nuclear power plant. They heat up the reactor, by cutting rates, when more power is needed. And they cool down the reactor, by raising rates, when conditions are getting too hot.
Leonard
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Woolf in Ceylon
Leonard Woolf was born in London in 1880 and spent five years at Trinity College, Cambridge where he began lasting friendships with men such as Lytton Strachey, E. M. Forster and John Maynard Keynes. In 1904 Woolf applied to join the home civil service but failed the exam. Instead, he was sent to Ceylon (now Sri Lanka) as a cadet in the Ceylon civil service, joining the small group of white administrators who ruled the colony. He remained there for nearly seven years. In Woolf in Ceylon Christopher Ondaatje, who was himself born and brought up on the island, follows in the footsteps of Woolf. Drawing on his personal experience of Ceylon and empire, he compares the way of life during imperial...
The Christopher Parkening Guitar Method - Volume 1
(Guitar Method). This premier method for the beginning classical guitarist, by one of the world's pre-eminent virtuosos and the recognized heir to the legacy of Andres Segovia, is now completely revised and updated! Guitarists will learn basic classical technique by playing over 50 beautiful classical pieces, 26 exercises and 14 duets, and through numerous photos and illustrations. The method covers: rudiments of classical technique, note reading and music theory, selection and care of guitars, strategies for effective practicing, and much more!
Imagining the Elephant
Imagining the Elephant is a biography of Allan MacLeod Cormack, a physicist who was awarded the Nobel Prize for Medicine in 1979 for his pioneering contributions to the development of the computer-assisted tomography (CAT) scanner, an honor he shared with Godfrey Hounsfield. A modest genius who was also a dedicated family man, the book is a celebration of Cormack's life and work. It begins with his ancestral roots in the far north of Scotland, and then chronicles his birth and early years in South Africa, his education at the University of Cape Town (UCT) and Cambridge University, and his subsequent academic appointments at UCT and Tufts University in Boston, USA. It details his discovery of...
The State of the Language
Considers a wide range of topics related to contemporary language
