The End of Alchemy : Money, Banking and the Future of the Global Economy

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Unraveling the Alchemy of Money and Banking

Recommendation: - This book is a must-read for anyone curious about the underlying causes of the global financial crisis and the flaws within our banking system. Mervyn King, former governor of the Bank of England, presents revolutionary new concepts that challenge traditional notions of money and banking. Through his unique perspective as an actor in the crisis, King offers fresh insights and proposes thought-provoking ideas that will reshape your understanding of modern capitalism. Prepare to be enlightened and have your ideas about economics transformed.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The End of Alchemy : Money, Banking and the Future of the Global Economy

Regular price RM50.93 MYR
Unit price
per
ISBN: 9781408706114
Authors: Mervyn A. King
Date of Publication: 2016-03-03
Format: Paperback
Related Collections: History, Business, Science, Economics, Politics
Related Topics: Politics, Finance, Money, Finance, History
Goodreads rating: 4.08
(rated by 2079 readers)

Description

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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Similar Reads

Unraveling the Alchemy of Money and Banking

Recommendation: - This book is a must-read for anyone curious about the underlying causes of the global financial crisis and the flaws within our banking system. Mervyn King, former governor of the Bank of England, presents revolutionary new concepts that challenge traditional notions of money and banking. Through his unique perspective as an actor in the crisis, King offers fresh insights and proposes thought-provoking ideas that will reshape your understanding of modern capitalism. Prepare to be enlightened and have your ideas about economics transformed.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.