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  • Format: ePub

In "Other People's Money, and How the Bankers Use It," Louis Dembitz Brandeis presents a critical analysis of the modern banking system, elucidating the intricate relationship between moneylenders and the broader economy. Brandeis employs a direct, accessible prose style, interweaving anecdotal evidence with rigorous economic theory to expose the ethical and practical issues surrounding the financial industry. The book, originally published in 1914, situates itself within the progressive era, reflecting rising concerns about corporate power and financial monopolies, making it a seminal work…mehr

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Produktbeschreibung
In "Other People's Money, and How the Bankers Use It," Louis Dembitz Brandeis presents a critical analysis of the modern banking system, elucidating the intricate relationship between moneylenders and the broader economy. Brandeis employs a direct, accessible prose style, interweaving anecdotal evidence with rigorous economic theory to expose the ethical and practical issues surrounding the financial industry. The book, originally published in 1914, situates itself within the progressive era, reflecting rising concerns about corporate power and financial monopolies, making it a seminal work that prefigures contemporary debates about wealth concentration and economic justice. As a prominent lawyer and later a Supreme Court Justice, Brandeis was deeply influenced by his commitment to social justice and consumer protection. His extensive legal background, particularly in advocating for the rights of the underprivileged against big business interests, imbued him with a unique perspective on the financial exploitation prevalent in early 20th-century America. This personal and professional journey galvanized his desire to empower citizens with knowledge about the financial mechanisms that govern their lives. "Other People's Money" is a must-read for anyone interested in the intersections of law, economics, and social ethics. Brandeis'Äôs work retains its relevance today, urging readers to critically examine the role of financial institutions in shaping economic outcomes. It is an essential text for scholars, students, and laypersons alike, beckoning a deeper understanding of the mechanics of wealth management and its moral implications.

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Autorenporträt
Louis Dembitz Brandeis (1856-1941) was an eminent American lawyer and associate justice on the US Supreme Court from 1916 to 1939, remembered for his dedication to public welfare and the development of the doctrine of the right to privacy. Born in Louisville, Kentucky, Brandeis graduated from Harvard Law School at the age of 20, with the highest grade average in the school's history at that time. His advocacy for progressive social policies and his stance against monopolies, large corporations, and mass consumerism distinguished him throughout his career. His book 'Other People's Money, and How the Bankers Use It' (1914) is a seminal work in the field of financial reform, critiquing the power and operations of big banks and advocating for the proper management of financial resources in the people's interest. Brandeis's impassioned and articulate prose elucidates his deep concern for economic equity and accountability, principles he carried into his tenure on the bench. His legal opinions and literary contributions elaborated a consistent philosophy of judicial restraint and respect for individual liberties. Brandeis's literary style is characterized by its clear, forceful argumentation, and by the directness with which he addressed the issues of his day, many of which, including concerns over concentrated economic power, remain relevant in the twenty-first century.