Wall Streeter: Jonathan Lewis, Chief Investment Officer at Fiera Capital
“This Pulitzer Prize-winning book (2010) is essential reading, a great crash course in the danger the world faces when central bankers govern the world based on a set of principles that are out of date.
“This book explores how the great central bankers of the 1920’s and early 1930’s failed to understand how the economic world had changed, how their policy prescriptions had become outdated, and as a result, their failure to avert the Great Depression. Their rigid adherence to old school thinking, including the gold standard, contributed to the crisis that unfolded and to calamity for humankind.
“At a time when the global economic and monetary system is again being buffeted by challenges to the established order, this book reminds us not to be complacent.”