The Alchemists: Inside the secret world of central bankers

Name: The Alchemists: Inside the secret world of central bankers
Brand: Headline Publishing Group
SKU: 9780755362684-G
Price: 4.79 EUR
Availability: OutOfStock
Rating: 5 (1 reviews)

By Neil Irwin

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Description

When the first rumblings of the coming financial crisis were heard in August 2007, three men who were never elected to public office suddenly became the most powerful men in the world. They were the leaders of the world's three most important central banks: Ben Bernanke of the U.S. Federal Reserve, Mervyn King of the Bank of England, and Jean-Claude Trichet of the European Central Bank. Over the next five years, they and their fellow central bankers deployed trillions of dollars, pounds and euros to try and contain the waves of panic that threatened to bring down the global financial system. Neil Irwin's The Alchemists is both a gripping account of the most intense exercise in economic crisis management we've ever seen, and an insightful examination of the role and power of the central bank. It begins in Stockholm, Sweden, in the seventeenth century, where central banking had its rocky birth, and then progresses through a brisk but dazzling tutorial on how the central banker came to exert such vast influence over our world. It is the story of how these figures and institutions became what they are - the possessors of extraordinary power over our collective fate. What they chose to do with those powers is the heart of the story Irwin tells. Irwin covered the financial crisis for the Washington Post, enjoying privileged access to leading central bankers and the people close to them. His account, based on reporting that took place in 27 cities in 11 countries, is the holistic, truly global story of the central bankers' role in the world economy we have been missing. It is a landmark reckoning with central bankers and their power, with the great financial crisis of our time, and with the history of the relationship between capitalism and the state. Definitive, revelatory, and riveting, The Alchemists shows us where money comes from--and where it may well be going.

Product details

Binding:: Paperback
Edition:: 1
Number of Pages:: 544
Release Date:: 2014-03-25
Publication Date:: 2014-03-25
Publisher:: Headline Publishing Group
Languages:: Original: English
ISBN10:: 0755362683
ISBN13:: 9780755362684
GPSR Manufacturer Reference:: [email protected]
Weight:: 390 g
Height:: 12.8 cm
Width:: 19.8 cm
Thickness:: 3.8 cm

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The items bear minimal signs of past use, such as light scratches or memories in the form of markings. These signs of wear give the items a charming character and tell stories of their previous owners, while not affecting their functionality.

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