High Finance

High Finance by Otto Hermann Kahn confronts the myths and misunderstandings that have long shadowed America's financial class, offering a lucid defense of banking and credit at a pivotal moment in history. Delivered as an address at the American Newspaper Publishers Association dinner in April 1916, Kahn’s remarks trace the term “haute finance,” explain why high finance acquired a suspect reputation in the United States, and argue for a clearer, more informed public understanding of the role finance plays in national life. Part history, part civics lesson, and firmly rooted in economics and political economy, the speech examines finance’s duties and responsibilities, the difference between wealth and financial stewardship, and the pressing need for sound financial policy as World War I reshaped Europe and the global economy. Kahn warns that postwar reconstruction will hinge on wise financing and urges citizens to approach the subject without prejudice or fear. Ideal for students of economic history, policy makers, financiers, and curious listeners who want historical perspective on contemporary debates about Wall Street and public trust, this audiobook illuminates how finance underpins democratic prosperity and why informed debate matters.