Liaquat Ahamed, an investment manager, conceived his book, Lords of Finance, much before the financial market meltdown hit the world. Naturally, his prescience has caught everyone’s attention. Armed with degrees in Economics from the universities of Cambridge and Harvard and his portfolio as an investment manager have not only given him a ringside view of global financial markets but also equipped him to provide the academic rigour while researching for this book.
On a recent visit to India, the author spoke to Mint’s Anil Padmanabhan about his first book as well as his thoughts on how the worst economic meltdown since the Great Depression of the 1930s will pan out. According to Ahamed, it will be a while before the global economy revives. The author feels the irony unlike in the 1930s, policy planners know what to do to revive the economy, but lack consensus to execute it.
Click here to watch the tete-a-tete