Search

Other People's Money, and How the Bankers Use It

by Louis Dembitz Brandeis


Other People's Money and How the Bankers Use It is a collection of essays written by Louis Brandeis published as a book in 1914. The book attacked the use of investment funds to promote the consolidation of various industries under the control of a small number of corporations, which Brandeis alleged were working in concert to prevent competition. Brandeis harshly criticized investment bankers who controlled large amounts of money deposited in their banks by middle-class people.

The heads of these banks, Brandeis pointed out, routinely sat on the boards of railroad companies and large industrial manufacturers of various products, and routinely directed the resources of their banks to promote the interests of their own companies. These companies, in turn, sought to maintain control of their industries by crushing small businesses and stamping out innovators who developed better products to compete against them.

Book Details

Author
Louis Dembitz Brandeis

About This Edition

This PDFBooksWorld edition has been prepared for comfortable digital reading, with a clear layout and typography designed for modern screens. It can be read online and is available in supported digital formats.

Public Domain Information: Other People's Money, and How the Bankers Use It is identified by us as a public-domain work in the United States based on its publication history and applicable copyright terms. Copyright status can differ between countries, so readers should consider the laws applicable to their location.

Read or Download

Read this edition online or choose a digital format for convenient reading on your preferred device. Registered users can download the available editions, while visitors can read the book online and log in to access the download options.