LINK Other Peoples Money and How the Bankers Use It (The Bedford Series in History and Culture) by Louis D. Brandeis read epub on iphone

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Book description

Book description
Before he was a supreme court justice, Louis Brandeis wrote a series of articles for Harper’s Magazine that he fleshed out and expanded into this book. He was arguing for greater regulation, oversight, and openness in the banking industry after a series of collapses and scandals that caused a lot of harm. I have to confess I skimmed most of it – it was about people I only vaguely knew about involved in crashes I knew less of. But it had some great quotes. This one, particularly, jumped out at me: “Here and there you will find a hero, -- red-blooded, and courageous, -- loving manhood more than wealth, place or security, -- who dared to fight for independence and won. Here and there you may find the martyr, who resisted in silence and suffered with resignation. But America, which seeks “the greatest good of the greatest number,” cannot be content with conditions that fit only the hero, the martyr or the slave.” at 50. It’s funny; I read it the first time and thought he said “the greatest good FOR the greatest number.” But he did not. The greatest good OF the greatest number. That he thought we should build a world were everyone could do their best, and that we’d failed to do it yet, in part because we largely let banks self regulate and they’re way to invested in themselves to do it right. I’m glad the book exists, though it’s too much of its time to hold my attention.
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LINK Other Peoples Money and How the Bankers Use It (The Bedford Series in History and Culture) by Louis D. Brandeis read epub on iphone

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