@article{1480522,
      recid = {1480522},
      author = {Harrington, Brooke, },
      title = {Capital without Borders : Wealth Managers and the One  Percent /},
      pages = {1 online resource (358 p.) :},
      abstract = {How do the one percent hold on to their wealth? And how do  they keep getting richer, despite financial crises and the  myriad of taxes on income, capital gains, and inheritance?  Capital without Borders takes a novel approach to these  questions by looking at professionals who specialize in  protecting the fortunes of the world's richest people:  wealth managers. Brooke Harrington spent nearly eight years  studying this little-known group-including two years  training to become a wealth manager herself. She then  "followed the money" to the eighteen most popular tax  havens in the world, interviewing practitioners to  understand how they helped their high-net-worth clients  avoid taxes, creditors, and disgruntled heirs-all while  staying just within the letter of the law. Capital without  Borders reveals how wealth managers use offshore banks,  shell corporations, and trusts to shield billions in  private wealth not only from taxation but from all manner  of legal obligations. And it shows how practitioners  justify their work, despite evidence that it erodes  government authority and contributes to global inequality.  Harrington's research offers the first glimpse into the  tactics and mentality of a secretive profession that  controls astonishingly large flows of capital around the  world. Based on sixty-five practitioner  interviews-conducted in the traditional financial centers  of Europe and the Americas as well as the up-and-coming tax  havens of Africa, Asia, and the South Pacific-Capital  without Borders gives voice for the first time to an elite  that has worked quietly and unobtrusively to enrich the one  percent.},
      url = {http://library.usi.edu/record/1480522},
      doi = {https://doi.org/10.4159/9780674973619},
}