Publisher's Synopsis
""Other People's Money And How The Bankers Use It"" is a book written by Louis Dembitz Brandeis in 1914. The book is an analysis of the banking industry and its impact on the American economy. Brandeis, who was a lawyer and later a Supreme Court Justice, argues that the concentration of wealth in the hands of a few powerful bankers is a threat to democracy and the free market. He examines the practices of investment bankers, such as J.P. Morgan, and their use of other people's money to finance large-scale corporate mergers and acquisitions. Brandeis also discusses the role of the Federal Reserve System, which had been established only a few years prior to the book's publication. The book was controversial at the time of its publication and is still considered a seminal work on the role of banking in American 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.