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

by (Little, Brown Book Group)

(716 reviews)

£2.99 £4.99 Save 40%

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'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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  • We started tracking this book on March 11, 2016.
  • This book was £12.99 when we started tracking it.
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  • The current price of this book is £2.99 last checked 2 hours ago.
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  • The lowest price to date was £1.99 last reached on February 7, 2019.
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  • The highest price to date was £12.99 last reached on March 11, 2016.
  • This book has been £12.99 one time since we started tracking it.

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Additional Info

  • Text-to-Speech: Enabled
  • Lending: Disabled
  • Print Length: 449 Pages
  • File Size: 2,271 KB

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