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Nicholas Shaxson Books

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The Finance Curse: How Global Finance I...

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“So Eurodollars were in one sense dollars like any other, but in another sense they were different because they had escaped into a market outside government control, where they could behave freely. It’s a bit like taking someone from their family home in the suburbs to a wild part of town and offering them whisky and cocaine. They are the same person but also different – more fun but also more irresponsible.”

Finance Regulation Eurodollars

Book:The Finance Curse: How Global Finance Is Making Us All Poorer

Source: The Finance Curse: How Global Finance Is Making Us All Poorer

“...offshore is, almost by definition, the equivalent of the smoke-filled room, where business always gets done outside of, and indeed in opposition to, the democratic process. They operate according to the Golden Rule: whoever has the gold, makes the rules.”

Corruption Offshore Democracy Gone Wrong

Book:The Finance Curse: How Global Finance Is Making Us All Poorer

Source: The Finance Curse: How Global Finance Is Making Us All Poorer