Capital without Borders Capital without Borders

Capital without Borders

Wealth Managers and the One Percent

    • 3.8 • 5 Ratings
    • $18.99

Publisher Description

“A timely account of how the 1% holds on to their wealth…Ought to keep wealth managers awake at night.”
Wall Street Journal

“Harrington advises governments seeking to address inequality to focus not only on the rich but also on the professionals who help them game the system.”
—Richard Cooper, Foreign Affairs

“An insight unlike any other into how wealth management works.”
—Felix Martin, New Statesman

“One of those rare books where you just have to stand back in awe and wonder at the author’s achievement…Harrington offers profound insights into the world of the professional people who dedicate their lives to meeting the perceived needs of the world’s ultra-wealthy.”
Times Higher Education

How do the ultra-rich keep getting richer, despite taxes on income, capital gains, property, and inheritance? Capital without Borders tackles this tantalizing question through a groundbreaking multi-year investigation of the men and women who specialize in protecting the fortunes of the world’s richest people. Brooke Harrington followed the money to the eighteen most popular tax havens in the world, interviewing wealth managers to understand how they help their high-net-worth clients dodge taxes, creditors, and disgruntled heirs—all while staying just within the letter of the law. She even trained to become a wealth manager herself in her quest to penetrate the fascinating, shadowy world of the guardians of the one percent.

GENRE
Business & Personal Finance
RELEASED
2016
September 12
LANGUAGE
EN
English
LENGTH
358
Pages
PUBLISHER
Harvard University Press
SELLER
Harvard University Press
SIZE
3.2
MB

Customer Reviews

CHFR1776 ,

Skewed

The book is skewed towards the statist, authoritarian, totalitarian point of view. If the statement "OFCs contain an estimated $8.9 billion in private wealth” is true, offshore wealth is no problem. I suspect that like other parts of the book, this is an error of at least 3 orders of magnitude.

The author seems to like control and doesn't like people being free.

The main use of the book should be as a cheap way to research using wealth management so you are prepared if needed. Ignore the extreme authoritarian spin that the statist masters like from this type of book.

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