The End of Alchemy The End of Alchemy

The End of Alchemy

Money, Banking and the Future of the Global Economy

    • 3.5 • 2 Ratings
    • $12.99
    • $12.99

Publisher Description

'A fearless and important book . . . The End of Alchemy isn't just an elegant guide to the history of economic ideas. It also gives a genuine insider's account' Telegraph

The past twenty years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity.

Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong. But those events, vivid though they remain in our memories, comprised only the latest in a long series of financial crises since our present system of commerce became the cornerstone of modern capitalism. Alchemy explains why, ultimately, this was and remains a crisis not of banking - even if we need to reform the banking system - nor of policy-making - even if mistakes were made - but of ideas.

In this refreshing and vitally important book, former governor of the Bank of England Mervyn King - an actor in this drama - proposes revolutionary new concepts to answer the central question: are money and banking a form of Alchemy or are they the Achilles heel of a modern capitalist economy?

GENRE
Business & Personal Finance
RELEASED
2016
3 March
LANGUAGE
EN
English
LENGTH
448
Pages
PUBLISHER
Little, Brown Book Group
SELLER
Hachette Australia Pty Ltd
SIZE
1.5
MB

Customer Reviews

Exotraveller ,

Some really interesting ideas

Makes some very thought provoking ideas. I just wonder if it couldn't have been done in 100 fewer pages

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More Books by Mervyn King

Radical Uncertainty Radical Uncertainty
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The Auditor The Auditor
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La fine dell'alchimia La fine dell'alchimia
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Das Ende der Alchemie Das Ende der Alchemie
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