The City: London and the Global Power of Finance
| Author | Tony Norfield |
|---|---|
| Country | United Kingdom |
| Language | English |
| Subject | Economics, City of London |
| Published | London |
| Publisher | Verso Books |
Publication date | 2016 |
| Pages | 272 |
| ISBN | 9781784783662 |
| 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
The City is an insiders account of the how the City, as London's financial centre is known, dominates international banking and foreign exchange and shapes global capital. Norfield spent twenty years as a senior trader in the financial district. 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"[1]
Reception
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"[2] In the Morning Star describes The City as "fascinating" and "outstanding" and praised the in-depth research and analysis in the book.[3]