In 1914, Louis D. Brandeis produced a collection of essays called Other People’s Money And How the Bankers Use It. It was an attack on the financial power elite that helped propel Brandeis two years later to a seat on the U.S. Supreme Court and contributed a phrase to the English lexicon. In the years since, “other people’s money” has become a useful way of characterizing how to leverage resources that a person, company, or country does not actually control in order to help achieve a goal, presumably at a lower cost.
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