Have You Ever Tried to Sell a Diamond? And Other Investigations of the Diamond Trade [NOOK Book]

Overview

Edward Jay Epstein investigates the most brilliant illusion in modern history: the illusion that diamonds are so rare that they will maintain their value forever. He explains how the the De Beers cartel, backed by a syndicate of Jewish diamond dealers in London, created an artificial scarcity by controlling the worldwide supply and used modern advertising to establish it in the mind of the public. In this updated book, comprised of six essays, ...
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Have You Ever Tried to Sell a Diamond? And Other Investigations of the Diamond Trade

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Overview

Edward Jay Epstein investigates the most brilliant illusion in modern history: the illusion that diamonds are so rare that they will maintain their value forever. He explains how the the De Beers cartel, backed by a syndicate of Jewish diamond dealers in London, created an artificial scarcity by controlling the worldwide supply and used modern advertising to establish it in the mind of the public. In this updated book, comprised of six essays, we also learn about the secret workings of the cartel over the past century, including:

+ Why you cannot always sell diamonds for the price you paid?

+ Why Russia is now taking over the cartel operation?

+ How De Beers now uses the concept of blood diamonds to control prices?

+ Why Nicky Oppenheimer exited De Beers in 2011?
PRAISE FOR EDWARD JAY EPSTEIN
"Brilliant Expose of the International diamond monopoly"
--Telegraph (London)
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Editorial Reviews

Sunday Times (London) - Wyatt Woodrow
"Full of readable if somewhat garish descriptions of diamond mines, diamond traders, and the activities of governments. If Ian Fleming were alive, he would have found much rewarding material here."
Wall Street Journal - Kenneth Adelman
Epstein may yet turn investigative reporting into a respectable profession. Here he unveils the true structure of the diamond business. A thoroughly engrossing book.
Newsweek - Jean Strouse
Epstein may yet turn investigative reporting into a respectable profession. Here he unveils the true structure of the diamond business. A thoroughly engrossing book
Daily Telegraph - Ken Jones
“Brilliant Expose of the International diamond monopoly
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Product Details

  • BN ID: 2940012796677
  • Publisher: EJE Publications, LTD, Inc
  • Publication date: 7/22/2011
  • Sold by: Barnes & Noble
  • Format: eBook
  • Pages: 109
  • File size: 394 KB

Meet the Author

Edward Jay Epstein is the author of 15 books, and which have been excerpted in the New Yorker, Atlantic, and Sunday Times of London. He studied government at Cornell and Harvard, and received a Ph.D from Harvard. My master's thesis on the search for political truth became the best-selling Inquest: The Warren Commission and the Establishment of Truth.. His doctoral dissertation on television news was published as News From Nowhere. He is the recipient of numerous of foundation grants and awards, including the prestigious Financial Times/ Booz Allen prize for both best biography and best business book for Dossier: The Secret History of Armand Hammer. His website is at www.edwardjayepstein.com.
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