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End of Alchemy

Language EnglishEnglish
Book Paperback
Book End of Alchemy Mervyn King
Libristo code: 14506785
Publishers Little, Brown Book Group, March 2017
The past twenty years saw unprecedented growth and stability followed by the worst financial crisis... Full description
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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?

About the book

Full name End of Alchemy
Author Mervyn King
Language English
Binding Book - Paperback
Date of issue 2017
Number of pages 464
EAN 9780349140674
ISBN 0349140677
Libristo code 14506785
Weight 370
Dimensions 128 x 198 x 30
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