'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?
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Book Description paperback. Condition: New. Language: ENG. Seller Inventory # 9780349140674
Book Description Paperback. Condition: new. Paperback. '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' TelegraphThe 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? The former Governor of the Bank of England argues for fundamental changes to the financial system in order to reduce the risk of a new crisis. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780349140674
Book Description Condition: new. Seller Inventory # 5185d02c9ea476c916a72754212a7e15
Book Description Paperback / softback. Condition: New. New copy - Usually dispatched within 4 working days. The former Governor of the Bank of England argues for fundamental changes to the financial system in order to reduce the risk of a new crisis. Seller Inventory # B9780349140674
Book Description Paperback. Condition: New. Seller Inventory # SKU9780349140674
Book Description Paperback. Condition: Brand New. 464 pages. 7.68x5.00x1.26 inches. In Stock. Seller Inventory # __0349140677
Book Description Condition: New. The former Governor of the Bank of England argues for fundamental changes to the financial system in order to reduce the risk of a new crisis. Num Pages: 464 pages. BIC Classification: KCX; KCY. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 129 x 198 x 32. Weight in Grams: 366. . 2017. Paperback. . . . . Seller Inventory # V9780349140674
Book Description Paperback. Condition: new. New Copy. Customer Service Guaranteed. Seller Inventory # think0349140677
Book Description Condition: New. The former Governor of the Bank of England argues for fundamental changes to the financial system in order to reduce the risk of a new crisis. Num Pages: 464 pages. BIC Classification: KCX; KCY. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 129 x 198 x 32. Weight in Grams: 366. . 2017. Paperback. . . . . Books ship from the US and Ireland. Seller Inventory # V9780349140674
Book Description Condition: New. Seller Inventory # 28170893-n