Dave Peticolas's Reviews > The End of Alchemy: Money, Banking, and the Future of the Global Economy

The End of Alchemy by Mervyn King
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Jul 10, 2016

really liked it

Very thoughtful and clear-sighted analysis of the late-2000 financial crisis and Great Recession. Although King was a key figure at the time, this is not a blow-by-blow account of the events nor a search for immediate blame. King is looking for the deeper causes of what happened and how to prevent such crises in the future. He also presents one of the most lucid accounts of the underlying structural problems that led to the crisis and subsequent recession that I have read. I'm not enough of an expert to know whether his prescriptions make sense, or even go far enough, but this book is a valuable and timely addition to the debate on how to move forward.
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Reading Progress

July 10, 2016 – Started Reading
July 10, 2016 – Shelved
July 20, 2016 – Finished Reading

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