The end of alchemy : money, banking, and the future of the global economy / Mervyn King.

By: King, Mervyn A [author.]Material type: TextTextPublisher: New York ; London : W.W. Norton & Company, [2016]Edition: First editionDescription: xv, 430 pages ; 25 cmContent type: text Media type: unmediated Carrier type: volumeISBN: 9780393247022; 0393247023Subject(s): Capitalism | International finance | Banks and banking, International | Financial institutions | Financial crises | Banks and banking, International | Capitalism | Financial crises | Financial institutions | International financeDDC classification: 330.12/2 LOC classification: HB501 | .K46888 2016Other classification: BUS045000 | BUS004000 | BUS023000
Contents:
The good, the bad and the ugly -- Good and evil : in money we trust -- Innocence lost: alchemy and banking -- Radical uncertainty : the purpose of financial markets -- Heroes and villains : the role of central banks -- Marriage and divorce : money and nations -- Innocence regained : reforming money and banking -- Healing and hubris : the world economy today -- The audacity of pessimism : the prisoner's dilemma and the coming crisis.
Summary: The former governor of the Bank of England recounts his country's experiences throughout the Great Recession while outlining a blueprint for recovery-era capitalism that is more resilient to modern boom-and-bust cycles.
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Includes bibliographical references (pages 371-417) and index.

The good, the bad and the ugly -- Good and evil : in money we trust -- Innocence lost: alchemy and banking -- Radical uncertainty : the purpose of financial markets -- Heroes and villains : the role of central banks -- Marriage and divorce : money and nations -- Innocence regained : reforming money and banking -- Healing and hubris : the world economy today -- The audacity of pessimism : the prisoner's dilemma and the coming crisis.

The former governor of the Bank of England recounts his country's experiences throughout the Great Recession while outlining a blueprint for recovery-era capitalism that is more resilient to modern boom-and-bust cycles.

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