Raghuram G. Rajan won the Financial Times/Goldman Sachs Business Book of the Year Award for his book, Fault Lines. A £30,000 prize (approximately $47,300) accompanied the award.

The ceremony and dinner took place at New York’s famous Pierre hotel. During his acceptance speech he praised his publisher, Princeton University Press. Rajan said his wife had advised him on making the book easy-to-read. He thanked his two children, joking that had it not been for them, the book would have been written much faster.

The president of the Carnegie Corporation of New York, Vartan Gregorian delivered the evening’s keynote address. He mentioned the Harry Potter series, the Sisterhood of the Traveling Pants, Mark Twain, and T.S. Eliot.

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Today Paul Harding won the Pulitzer Prize for his novel Tinkers, a major award for an indie press operated out of the Bellevue Hospital Center.

The other finalists were Love in Infant Monkeys by Lydia Millet (Soft Skull Press) and In Other Rooms, Other Wonders by Daniyal Mueenuddin (W.W. Norton & Company). Here are the rest of the Letters, Drama and Music winners:

History–Lords of Finance: The Bankers Who Broke the World by Liaquat Ahamed (The Penguin Press)

Biography–The First Tycoon: The Epic Life of Cornelius Vanderbilt by T.J. Stiles (Alfred A. Knopf)

Poetry–Versed by Rae Armantrout (Wesleyan University Press)

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