Menu
Next in the queue
61
/100
I Index Overall Rating
Readers
88/100Critics
34/100Scholars
Author:
Christopher Leonard
Publisher:
Simon & Schuster
Date:
January 11, 2022
The New York Times bestselling business journalist Christopher Leonard infiltrates one of Americaâs most mysterious institutionsâthe Federal Reserveâto show how its policiesâ âspearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our countryâs economic stability at risk.
What The Reviewers Say
... bracing and closely reported.
You don’t ordinarily turn to a book about the Federal Reserve for comedy, and for the most part Christopher Leonard’s The Lords of Easy Money: How the Federal Reserve Broke the American Economy stays true to its genre. Mr. Leonard does, however, include one pointedly humorous moment that sheds light on so much of his subject matter.
There’s something undeniably gratifying about an elegantly crafted morality tale—and the business reporter Christopher Leonard has written a good one, even if you suspect that the full shape of it isn’t quite as smooth as he makes it out to be. The Lords of Easy Money is a fascinating and propulsive story about the Federal Reserve—yes, you read that right. Leonard, in the tradition of Michael Lewis, has taken an arcane subject, rife with the risk of incomprehensibility (or boredom), and built a riveting narrative in which the stakes couldn’t be any clearer.
It’s tough to turn the nuances of monetary policy into personality-driven narrative. But Christopher Leonard has succeeded in doing just that.
