About Democratizing Finance
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Reviews of Democratizing Finance
Raises provocative, philosophical questions about what we’ve cumulatively learned over the years… magisterially thorough and thoughtful—and timely given renewed calls to defund the CDFIs. A remarkably incisive history and a wonderfully relevant contribution to an ongoing debate.-- Kirkus Reviews
www.kirkusreviews.com/book-reviews/clifford-n-rosenthal/democratizing-finance/
www.kirkusreviews.com/book-reviews/clifford-n-rosenthal/democratizing-finance/
"This book is a master work on the history of community development finance.... Too few people know of the amazing accomplishments of the affordable housing, community development and community development finance fields. Clifford Rosenthal is changing that."
– From the Foreword by David Erickson Director, Federal Reserve Bank of San Francisco
"Clifford Rosenthal has written a thorough, insightful and, yes, fascinating history and analysis of what we now know as the CDFI field....This book is a huge contribution to the field of community development finance. I highly recommend it to anyone who really wants to understand what the field is all about."
– Michael Swack, Director and Professor, Center for Impact Finance Carsey School of Public Policy, University of New Hampshire
"This is the best history on how micro-lending became mainstream in America in the 1990s. If you want to understand how the Federal government got involved this is the right place to look. "
– Amazon Reviewer
Purchase Democratizing FinanceDemocratizing Finance: Origins of the Community Development Financial Institutions Movement is available through the following online retailers:
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About Clifford N. RosenthalClifford Rosenthal cofounded and for two decades served in the leadership of the CDFI movement. As president of the National Federation of Community Development Credit Unions and later as the first director of the Office of Financial Empowerment of the Consumer Financial Protection Bureau, he devoted his career to bringing financial services to low-income and minority communities. His first career was as a Russian historian and translator.
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