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

    • (Average rating 4.13 / 1204 ratings / 116 reviews)

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    • Category : finance-and-investment
    • ISBN Code: 9780349140674
    • Format : Paperback
    • By (Author): King, Mervyn
    • Publisher: LITTLE BROWN
    • Published Date: 09 Mar 2017


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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.

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(Average rating 4.13 / 1204 ratings / 116 reviews)

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MPH - The End of Alchemy: Money, Banking and the Future of the Global Economy ISBN - 9780349140674