Summaries of books by Nicholas Shaxson:
Treasure Islands
Tax Havens and the Men who Stole the World
Nicholas Shaxson
The book exposes the secretive world of offshore tax havens and the global financial elite who use them to hide wealth and avoid taxes. It delves into the history, politics, and impact of these secretive jurisdictions on global economics and the disparity between the rich and the poor.
See full summary
The Finance Curse
How Global Finance Is Making Us All Poorer
Nicholas Shaxson
The book investigates the detrimental impact that an oversized financial sector can have on an economy, arguing that it can lead to inequality, economic instability, and reduced investment in more productive areas. It explores the mechanisms through which the "finance curse" operates, including tax havens, regulatory capture, and the distortion of politics and economics to serve the interests of the financial elite at the expense of the broader population.
See full summary