Makers and Takers: The Rise of Finance and the Fall of American Business
In 1947 the total value added by the financial sector to US gross domestic product was 2.3 per cent; by 2007 its contribution had risen to 8.1 per cent of GDP. In other words, approximately $1 of every $13 paid to employees in the United States now went to people working in finance.5 Finance had become even more important in Britain, where it accou
... See moreNiall Ferguson • The Ascent of Money: A Financial History of the World: 10th Anniversary Edition
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Michael Lewis • Going Infinite: The Rise and Fall of a New Tycoon
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