1. Private Finance, Public Power.
- Author
-
Levy, Jonathan
- Subjects
- *
INVESTMENT banking , *MASTER limited partnership , *EXPORT credit , *PUBLIC finance , *CAMPAIGN funds - Abstract
There is another reason why Karabell sees Brown Brothers Harriman as a fitting subject for an epic, centuries-spanning chronicle: the influence that several of its partners wielded in forging post-World War II U.S. foreign policy. Karabell is right to underscore the connection between public power and private finance in the story of Brown Brothers Harriman. To understand the American Century, Karabell writes, one must apprehend this fusion of private finance and public power, appreciating an unappreciated source of the U.S. Cold War mentality: the ethos of Brown Brothers Harriman. [Extracted from the article]
- Published
- 2021