Harvard University Press
Capital Without Borders: Wealth Managers and the One Percent
Key Metrics
- Brooke Harrington
- Harvard University Press
- Paperback
- 9780674244771
- 8.1 X 5.4 X 1.2 inches
- 0.75 pounds
- Business & Economics > Finance - Wealth Management
- English
Secure TransactionBook 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.
Author Bio
Brooke Harrington is a sociology professor at Dartmouth College. She is the author of Pop Finance and Capital Without Borders: Wealth Management and the One Percent.
Who creates change in markets and other financial institutions? My research for the past 15 years has investigated this question in a variety of empirical domains. I am an economic and organizational sociologist by training, with an empirical focus on finance, taxation and the professionals who specialize in those domains. My latest book for Harvard University Press concerns an elite occupational group within finance and its impact on international law and stratification. Previously, my research examined the effects of diversity and decision-making processes on the performance of investment groups.
I'm interested in how things get done--what social actors actually do in their daily lives--and how that aggregates to the macro-level of financial markets, culture and political institutions. My work intersects with the literatures of political economy, anthropology, social psychology and behavioral finance.
Research Interests
Economic sociology: financial markets and offshore banking /Sociology of stratification: wealth and taxation in connection to inequality /Sociology of the professions: elite and transnational professionals /Political sociology: states and the legal-financial ecosystem of tax havens /Organizational sociology: family firms, groups and diversity
Education
B.A. Stanford University
M.A. Harvard University
Ph. D. Harvard University
Source: Dartmouth College and brookeharrington.com
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