The City: London and the Global Power of Finance

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The City: London and the Global Power of Finance
Thecitytonynorfield.jpg
Cover art for The City.
AuthorTony Norfield
CountryUnited Kingdom
LanguageEnglish
SubjectEconomics, City of London
PublishedLondon
PublisherVerso Books
Publication date
2016
Pages272
ISBN978-1-78478-366-2
337

The City: London and the Global Power of Finance is a 2016 book by British economist and former trader Tony Norfield, published by Verso Books.

Background and synopsis[edit]

The City is an insider's account of the how the City, as London's financial centre is known, dominates international banking and foreign exchange and shapes global capital.[1] Norfield spent twenty years as a senior trader in the financial district.[2] He uses the inside knowledge to investigate the "role of the US dollar in global trading, the network of British-linked tax havens, the flows of finance around the world and the system of power built upon financial securities"[3]

Reception[edit]

In The Financial Times Brooke Masters wrote that the author "has done the research and pulled together the financial statistics that explain how the bloodsucking works" and describes the work as a "serious book".[4] In the Morning Star Andrew Murray described The City as "fascinating" and "outstanding" and praised the in-depth research and analysis in the book.[5]

References[edit]

  1. ^ Aalbers, Manuel B. (2018). "Review of The City: London and the Global Power of Finance". Journal of World-Systems Research. 24 (1). doi:10.5195/JWSR.2018.779.
  2. ^ Ingham, Geoffrey (2018). "Finance and Power". New Left Review (109). Retrieved December 5, 2018.
  3. ^ "The City: London and the Global Power of Finance by Tony Norfield". Verso Books. Retrieved December 6, 2018.
  4. ^ Masters, Brooke (May 2, 2016). "'The City', by Tony Norfield". Financial Times. Retrieved December 6, 2018.
  5. ^ Murray, Andrew (April 11, 2016). "Vampire's Blood Bank". Morning Star. Archived from the original on April 20, 2016. Retrieved December 6, 2018.