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Synopsis: When the first fissures became visible to the naked eye in August 2007, suddenly the most powerful men in the world were three men who were never elected to public office. They were the leaders of the world?s three most important central banks: Ben Bernanke of the U.S. Federal Reserve, Mervyn King of the Bank of England, and Jean-Claude Trichet of the European Central Bank. Over the next five years, they and their fellow central bankers deployed trillions of dollars, pounds and euros to contain the waves of panic that threatened to bring down the global financial system, moving on a scale and with a speed that had no precedent.
Neil Irwin?s The Alchemists is a gripping account of the most intense exercise in economic crisis management we?ve ever seen, a poker game in which the stakes have run into the trillions of dollars. The book begins in, of all places, Stockholm, Sweden, in the seventeenth century, where central banking had its rocky birth, and then progresses through a brisk but dazzling tutorial on how the central banker came to exert such vast influence over our world, from its troubled beginnings to the Age of Greenspan, bringing the reader into the present with a marvelous handle on how these figures and institutions became what they are ? the possessors of extraordinary power over our collective fate. What they chose to do with those powers is the heart of the story Irwin tells.
Irwin covered the Fed and other central banks from the earliest days of the crisis for the Washington Post, enjoying privileged access to leading central bankers and people close to them. His account, based on reporting that took place in 27 cities in 11 countries, is the holistic, truly global story of the central bankers? role in the world economy we have been missing. It is a landmark reckoning with central bankers and their power, with the great financial crisis of our time, and with the history of the relationship between capitalism and the state. Definitive, revelatory, and riveting, The Alchemists shows us where money comes from?and where it may well be going.
About the Author: Neil Irwin is a Washington Post columnist and economics editor of the Post?s Wonkblog web site. From 2007 to 2012, he led coverage of the global financial crisis, recession, and aftermath as the Post?s beat reporter covering the Federal Reserve and other central banks. He has an MBA from Columbia University, where he was a Knight-Bagehot Fellow in Economic and Business Journalism. Irwin appears regularly on television analyzing economic topics, including on MSNBC, CNBC, and the PBS Newshour. He lives in Washington.
Title: The Alchemists: Three Central Bankers and a ...
Publication Date: 2013
Book Condition: Very Good
Edition: First Edition.
Book Description Hardcover. Book Condition: Good. Support Your Planet. Buy CLEAN EARTH BOOKS. Shipping orders swiftly since 2008. A great value for the avid reader! GOOD can range from a well cared for book in great condition to average with signs of slight wear. Overall, All text in great shape! Comes with our 100% Money Back Guarantee. Our customer service cant be beat! Tracking included on all orders. Bookseller Inventory # 1QZ9JU00AVQ2
Book Description Penguin Press HC, The. Hardcover. Book Condition: Good. Light shelf wear and minimal interior marks. Bookseller Inventory # G1594204624I3N00
Book Description Penguin Press, 2013. Book Condition: VERY GOOD. little to no wear, pages are clean. The cover and binding are crisp with next no creases. Bookseller Inventory # 2760167997
Book Description Penguin Press. Hardcover. Book Condition: GOOD. Good clean copy with no missing pages might be an ex library copy; Possibly may have minor marginal notes and or highlighting. Bookseller Inventory # 2762499392
Book Description Hardcover. Book Condition: Good. A used book in good condition. All pages are intact, and the spine and cover are also intact. Bookseller Inventory # 467EJX001CMO
Book Description Penguin Press, 2013. Hardcover. Book Condition: Used: Acceptable. 2nd prt.. No dust jacket. Book is in acceptable condition with writing on the front and back cover but pages have minimal marks. FAST SHIPPING W/USPS TRACKING!!!. Bookseller Inventory # 130004867
Book Description Penguin Press. Hardcover. Book Condition: Good. 1594204624 Ex-library book with usual markings. Good Condition. Five star seller - Buy with confidence!. Bookseller Inventory # Z1594204624Z3
Book Description Penguin Press HC, The, 2013. Hardcover. Book Condition: Good. . Satisfaction 100% guaranteed. Bookseller Inventory # mon0001680087
Book Description Penguin Press HC, The, 2013. Book Condition: Good. 2nd prt.. N/A. Former Library book. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP72266206
Book Description Penguin Press HC, The, 2013. Book Condition: Very Good. 2nd prt.. N/A. Former Library book. Great condition for a used book! Minimal wear. Bookseller Inventory # GRP80337412