The End of Alchemy  Money  Banking  and the Future of the Global Economy
Score: 4
From 1 Ratings

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


  • Author : Mervyn King
  • Publisher : W. W. Norton & Company
  • Release Date : 2016-03-21
  • Genre: Business & Economics
  • Pages : 368
  • ISBN 10 : 9780393247039


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

“Mervyn King may well have written the most important book to come out of the financial crisis. Agree or disagree, King’s visionary ideas deserve the attention of everyone from economics students to heads of state.” —Lawrence H. Summers Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance. The Industrial Revolution built the foundation of our modern capitalist age. Yet the flowering of technological innovations during that dynamic period relied on the widespread adoption of two much older ideas: the creation of paper money and the invention of banks that issued credit. We take these systems for granted today, yet at their core both ideas were revolutionary and almost magical. Common paper became as precious as gold, and risky long-term loans were transformed into safe short-term bank deposits. As King argues, this is financial alchemy—the creation of extraordinary financial powers that defy reality and common sense. Faith in these powers has led to huge benefits; the liquidity they create has fueled economic growth for two centuries now. However, they have also produced an unending string of economic disasters, from hyperinflations to banking collapses to the recent global recession and current stagnation. How do we reconcile the potent strengths of these ideas with their inherent weaknesses? King draws on his unique experience to present fresh interpretations of these economic forces and to point the way forward for the global economy. His bold solutions cut through current overstuffed and needlessly complex legislation to provide a clear path to durable prosperity and the end of overreliance on the alchemy of ou

Other People s Money

Other People s Money


  • Author : John Kay
  • Publisher : Profile Books
  • Release Date : 2015-09-03
  • Genre: Business & Economics
  • Pages : 353
  • ISBN 10 : 9781782831549


Other People s Money Book Description :

Shortlisted for the Orwell Prize 2016 We all depend on the finance sector. We need it to store our money, manage our payments, finance housing stock, restore infrastructure, fund retirement and support new business. But these roles comprise only a tiny sliver of the sector's activity: the vast majority of lending is within the finance sector. So what is it all for? What is the purpose of this activity? And why is it so profitable? John Kay, a distinguished economist with wide experience of the financial sector, argues that the industry's perceived profitability is partly illusory, and partly an appropriation of wealth created elsewhere - of other people's money. The financial sector, he shows, has grown too large, detached itself from ordinary business and everyday life, and has become an industry that mostly trades with itself, talks to itself, and judges itself by reference to standards which it has itself generated. And the outside world has itself adopted those standards, bailing out financial institutions that have failed all of us through greed and mismanagement. We need finance, but today we have far too much of a good thing. In Other People's Money John Kay shows in his inimitable style what has gone wrong in the dark heart of finance.

Disknowledge

Disknowledge


  • Author : Katherine Eggert
  • Publisher : University of Pennsylvania Press
  • Release Date : 2015-10-02
  • Genre: History
  • Pages : 384
  • ISBN 10 : 9780812247510


Disknowledge Book Description :

'Disknowledge': knowing something isn't true, but believing it anyway. In this book, Katherine Eggert explores the crumbling state of learning in the 16th and 17th centuries. Even as the shortcomings of Renaissance humanism became plain to see, many intellectuals of the age had little choice but to treat their familiar knowledge systems as though they still held. Humanism thus came to share the status of alchemy: a way of thinking simultaneously productive and suspect, reasonable and wrongheaded.

The End of Alchemy  Money  Banking  and the Future of the Global Economy
Score: 4
From 1 Ratings

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


  • Author : Mervyn King
  • Publisher : W. W. Norton & Company
  • Release Date : 2016-03-21
  • Genre: Business & Economics
  • Pages : 368
  • ISBN 10 : 9780393247039


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

“Mervyn King may well have written the most important book to come out of the financial crisis. Agree or disagree, King’s visionary ideas deserve the attention of everyone from economics students to heads of state.” —Lawrence H. Summers Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance. The Industrial Revolution built the foundation of our modern capitalist age. Yet the flowering of technological innovations during that dynamic period relied on the widespread adoption of two much older ideas: the creation of paper money and the invention of banks that issued credit. We take these systems for granted today, yet at their core both ideas were revolutionary and almost magical. Common paper became as precious as gold, and risky long-term loans were transformed into safe short-term bank deposits. As King argues, this is financial alchemy—the creation of extraordinary financial powers that defy reality and common sense. Faith in these powers has led to huge benefits; the liquidity they create has fueled economic growth for two centuries now. However, they have also produced an unending string of economic disasters, from hyperinflations to banking collapses to the recent global recession and current stagnation. How do we reconcile the potent strengths of these ideas with their inherent weaknesses? King draws on his unique experience to present fresh interpretations of these economic forces and to point the way forward for the global economy. His bold solutions cut through current overstuffed and needlessly complex legislation to provide a clear path to durable prosperity and the end of overreliance on the alchemy of ou

Prophecy  Alchemy  and the End of Time

Prophecy Alchemy and the End of Time


  • Author : Leah DeVun
  • Publisher : Columbia University Press
  • Release Date : 2009-03-03
  • Genre: History
  • Pages : 272
  • ISBN 10 : 9780231519342


Prophecy Alchemy and the End of Time Book Description :

In the middle of the fourteenth century, the Franciscan friar John of Rupescissa sent a dramatic warning to his followers: the last days were coming; the apocalypse was near. Deemed insane by the Christian church, Rupescissa had spent more than a decade confined to prisons in one case wrapped in chains and locked under a staircase yet ill treatment could not silence the friar's apocalyptic message. Religious figures who preached the end times were hardly rare in the late Middle Ages, but Rupescissa's teachings were unique. He claimed that knowledge of the natural world, and alchemy in particular, could act as a defense against the plagues and wars of the last days. His melding of apocalyptic prophecy and quasi-scientific inquiry gave rise to a new genre of alchemical writing and a novel cosmology of heaven and earth. Most important, the friar's research represented a remarkable convergence between science and religion. In order to understand scientific knowledge today, Leah DeVun asks that we revisit Rupescissa's life and the critical events of his age the Black Death, the Hundred Years' War, the Avignon Papacy through his eyes. Rupescissa treated alchemy as medicine (his work was the conceptual forerunner of pharmacology) and represented the emerging technologies and views that sought to combat famine, plague, religious persecution, and war. The advances he pioneered, along with the exciting strides made by his contemporaries, shed critical light on later developments in medicine, pharmacology, and chemistry.

The Alchemist
Score: 4
From 17 Ratings

The Alchemist


  • Author : Paulo Coelho
  • Publisher : HarperCollins
  • Release Date : 2015-02-24
  • Genre: Fiction
  • Pages : 208
  • ISBN 10 : 9780062416216


The Alchemist Book Description :

A special 25th anniversary edition of the extraordinary international bestseller, including a new Foreword by Paulo Coelho. Combining magic, mysticism, wisdom and wonder into an inspiring tale of self-discovery, The Alchemist has become a modern classic, selling millions of copies around the world and transforming the lives of countless readers across generations. Paulo Coelho's masterpiece tells the mystical story of Santiago, an Andalusian shepherd boy who yearns to travel in search of a worldly treasure. His quest will lead him to riches far different—and far more satisfying—than he ever imagined. Santiago's journey teaches us about the essential wisdom of listening to our hearts, of recognizing opportunity and learning to read the omens strewn along life's path, and, most importantly, to follow our dreams.

The Mysteries of the Great Cross of Hendaye
Score: 5
From 1 Ratings

The Mysteries of the Great Cross of Hendaye


  • Author : Jay Weidner
  • Publisher : Inner Traditions / Bear & Co
  • Release Date : 2003-12-10
  • Genre: Body, Mind & Spirit
  • Pages : 528
  • ISBN 10 : 089281084X


The Mysteries of the Great Cross of Hendaye Book Description :

Reveals that the alchemical transformation of base metal into gold symbolizes the transformation of the current Iron Age into the Golden Age, and that the greatest secret of alchemy, the imminent date of the apocalypse, is coded into an obscure monument in southwestern France.

Prophecy  Alchemy  and the End of Time

Prophecy Alchemy and the End of Time


  • Author : Leah DeVun
  • Publisher : Columbia University Press
  • Release Date : 2013-12-01
  • Genre: History
  • Pages : 272
  • ISBN 10 : 9780231145398


Prophecy Alchemy and the End of Time Book Description :

In the middle of the fourteenth century, the Franciscan friar John of Rupescissa sent a dramatic warning to his followers: the end times were coming; the apocalypse was near. Rupescissa's teachings were unique in his era. He claimed that knowledge of the natural world, and alchemy in particular, could act as a defense against the calamity of the last days. He treated alchemy as medicine (his work was the conceptual forerunner of pharmacology), and reflected emerging technologies and views that sought to combat famine, plague, religious persecution, and war. In order to understand scientific knowledge as it is today, Leah DeVun asks that we revisit the Black Death, the Hundred Years' War, and the Avignon Papacy through Rupescissa's eyes. The advances he pioneered, along with the exciting strides made by his contemporaries, shed critical light on future developments in medicine, pharmacology, and chemistry.

John Dee s Conversations with Angels

John Dee s Conversations with Angels


  • Author : Deborah E. Harkness
  • Publisher : Cambridge University Press
  • Release Date : 1999-11-13
  • Genre: History
  • Pages : 252
  • ISBN 10 : 052162228X


John Dee s Conversations with Angels Book Description :

This book is about Elizabethan England's most famous 'scientist' or natural philosopher John Dee and his 'conversations with angels'.

Juggling Dynamite

Juggling Dynamite


  • Author : Danielle Park
  • Publisher : Insomniac Press
  • Release Date : 2009-09-16
  • Genre: Business & Economics
  • Pages : 203
  • ISBN 10 : 9781897415115


Juggling Dynamite Book Description :

With straight talk and real life stories, this book shows you how to protect your investments so that neither you nor your money are trampled by the myths and herd mentality of the marketplace. Investing can be challenging. Compounding the problem are the pressures that stem from the profit-seeking investment sales industry and the business media. In Juggling Dynamite, portfolio manager Danielle Park reveals the insider wisdom you need to build and preserve your wealth through the market cycles. Park explains how investors can benefit from understanding cycles, the cost of mutual funds, and the evaluation of stock prices. This book will equip you with the tools to make your portfolio grow using active investing and market timing. Juggling Dynamite will enable you to reach that elusive brass ring: lasting financial success.