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Essays discuss the American government and economy, the currency exchange, foreign loans, laissez faire, and economic change
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From Publishers Weekly:
In these essays, retired Citibank chairman Wriston charts in petulant prose and lively detail mercantile, philosophical, political and industrial forces and events that have shaped American life. His incisive, often acerbic views emerge against a background of 19th century expansion; successive booms and busts; complicated banking regulations and government attempts to manage the economy (both of which he opposes); and crises over OPEC oil and underdeveloped-country debt. Wriston's basic tenet is that risk is the key to progress, bureaucracy its enemy. He lauds the current tendency to combine science and finance in order to create one worldwide financial marketplacetracing as an example a transaction involving a dozen countrieswith millions of dollars flashed anywhere in the world within seconds. February 19
Copyright 1986 Reed Business Information, Inc.
Copyright 1986 Reed Business Information, Inc.
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- PublisherHarper & Row Publishers
- Publication date1986
- ISBN 10 0060155442
- ISBN 13 9780060155445
- BindingHardcover
- Edition number1
- Number of pages243
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