Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
The Evil Princes of Martin Place: The Reserve Bank of Australia, the Global Financial Crisis Paperback – January 14, 2011
|New from||Used from|
Customers who bought this item also bought
About the Author
Chris Leithner is a Director of Leithner & Company Pty Ltd (www.leithner.com.au), a private investment company in Brisbane. He is also the author of The Intelligent Australian Investor: Timeless Principles and Fresh Applications (John Wiley & Sons Australia, 2005).
If you buy a new print edition of this book (or purchased one in the past), you can buy the Kindle edition for only $2.99 (Save 70%). Print edition purchase must be sold by Amazon. Learn more.
For thousands of qualifying books, your past, present, and future print-edition purchases now lets you buy the Kindle edition for $2.99 or less. (Textbooks available for $9.99 or less.)
Top customer reviews
This book exposes the systemic fraud in the banking system and ridiculous central planing that takes place in the financial sector. The book explains the resulting effects of such a system. This book will really give you a deep understanding of why things are they way they are today and why financial crisis are inevitable result of the current system.
I am now up to the chapters where he talks discuses different types of political ruling systems and how they affect the prosperity of a country.
If you want to have a deep understanding of why things are how they are I sugggest you purchase this book now. I read a lot of books and this book is the best in its class.
Buy it now.
One of the strong points about this book that I especially liked is the discussion of the ethical and moral arguments concerning free markets and the rarely discussed evil traps of democracy. One of the more interesting lines of thought was the way that corrupt financial systems will also corrupt citizens.
This book has helped to reignite my interest and enthusiasm in free markets and a free society. Theree is much on economics and much on the philosophy of freedom. I am recommending it to my libertarian friends. And it's at a very attractive price too considering it has nearly 600 pages of text. This is a valuable addition to the cause of sound money and a free society, with a (slightly) Australian slant.
Leithner's goal is simple: to challenge conventional wisdom in the field of monetary economics. Harvard-educated academics (the very people who did not foresee the GFC) have blamed the crisis on capitalism and greed, but this book defends the free-market perspective against the Keynesian onslaught. According to the author, government intervention - not market failure - is the underlying cause of recessions and depressions. Government's interventions are manifested in three forms: fractional reserve banking, legal tender laws, and central banking.
Leithner covers a variety of fields and excels in all. Lawyers will enjoy the analysis of Roman law and more recent judgments relating to banking. Economic historians will appreciate the in-depth analysis of financial crises beginning with the panic of 1907. Political scientists will glean insights from the anti-democracy chapter, where he points out its many shortcomings. Philosophers will learn something about the ethics of monetary policy.
Overall, Leithner's book is an outstanding study of money and banking; a libertarian blockbuster filled with insights into the shady dealings of politicians and bankers. I would highly recommend it to anyone interested in understanding the causes and consequences of the GFC.
Colin the Bear, Sydney, Australia.
He painstakingly takes the reader on a journey through time on the nature of money, banking, economics and political influences.
The book is necessarily detailed and it can take some time to comprehend the message but it is well worth the effort. The conclusions are forthright and downright scary but enlighten the reader in a way that one will never get from mainstream media.
I can't recommend this book highly enough to anyone who wants to truly understand the nature of banking and the future of fiat money itself.