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

The End of Alchemy: Money, Banking, and the Future of the Global Economy
Title The End of Alchemy: Money, Banking, and the Future of the Global Economy PDF eBook
Author Mervyn King
Publisher W. W. Norton & Company
Pages 214
Release 2016-03-21
Genre Business & Economics
ISBN 0393247031

Download The End of Alchemy: Money, Banking, and the Future of the Global Economy Book in PDF, Epub and Kindle

“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 our financial ancestors.

Lord King

Lord King
Title Lord King PDF eBook
Author Mimi Jean Pamfiloff
Publisher Paper & Silver, Inc.
Pages 164
Release 2021-11-19
Genre Fiction
ISBN

Download Lord King Book in PDF, Epub and Kindle

From New York Times Bestseller Mimi Jean Pamfiloff comes a Paranormal Suspense, Lord King. A curse he cannot break without her… KING Before I became evil, I was king of a great people. Now I am cursed to walk the earth until I pay for my misdeeds. After three thousand years, I have much to answer for. Then along comes Jeni, further complicating matters. She claims to love me, though I could never reciprocate. Her loathsome people placed me in this predicament, and frankly, I gave my heart to another woman long ago. But I am about to discover that meeting Jeni is no coincidence. Our true connection will shock even me. A power she didn’t know she had… JENI I am what they call a Seer, an ancient people with unusual gifts, and I’m the last of my kind. Surprise! Because up until recently, I thought I was a regular person. But meeting King changed everything. He opened my eyes to the world around me, filled with more darkness than I could’ve imagined. And King? He’s the darkest of them all. That’s why I can’t wrap my head around my feelings. With every moment we spend together, I’m falling for a man who can never love me back. His heart belongs to his dead wife. That’s when I meet Ansin. The only man on earth who could rival King for darkness and ruthless ambition. Like me, Ansin is the last of his bloodline, which is why he demands I marry him and give him children. Do I get to choose, or has fate already chosen for me?

Jesus the King

Jesus the King
Title Jesus the King PDF eBook
Author Timothy Keller
Publisher Penguin
Pages 306
Release 2013-03-05
Genre Religion
ISBN 1594486662

Download Jesus the King Book in PDF, Epub and Kindle

Previously published in hardcover as King's Cross The most influential man to ever walk the earth has had his story told in hundreds of different ways for thousands of years. Can any more be said? Now, Timothy Keller, New York Times bestselling author of The Prodigal Prophet and the man Newsweek called a “C. S. Lewis for the twenty-first century,” unlocks new insights into the life of Jesus Christ as he explores how Jesus came as a king, but a king who had to bear the greatest burden anyone ever has. Jesus the King is Keller’s revelatory look at the life of Christ as told in the Gospel of Mark. In it, Keller shows how the story of Jesus is at once cosmic, historical, and personal, calling each of us to look anew at our relationship with God. It is an unforgettable look at Jesus Christ, and one that will leave an indelible imprint on every reader.

Radical Uncertainty: Decision-Making Beyond the Numbers

Radical Uncertainty: Decision-Making Beyond the Numbers
Title Radical Uncertainty: Decision-Making Beyond the Numbers PDF eBook
Author John Kay
Publisher W. W. Norton & Company
Pages 407
Release 2020-03-17
Genre Business & Economics
ISBN 1324004789

Download Radical Uncertainty: Decision-Making Beyond the Numbers Book in PDF, Epub and Kindle

Much economic advice is bogus quantification, warn two leading experts in this essential book, now with a preface on COVID-19. Invented numbers offer a false sense of security; we need instead robust narratives that give us the confidence to manage uncertainty. “An elegant and careful guide to thinking about personal and social economics, especially in a time of uncertainty. The timing is impeccable." — Christine Kenneally, New York Times Book Review Some uncertainties are resolvable. The insurance industry’s actuarial tables and the gambler’s roulette wheel both yield to the tools of probability theory. Most situations in life, however, involve a deeper kind of uncertainty, a radical uncertainty for which historical data provide no useful guidance to future outcomes. Radical uncertainty concerns events whose determinants are insufficiently understood for probabilities to be known or forecasting possible. Before President Barack Obama made the fateful decision to send in the Navy Seals, his advisers offered him wildly divergent estimates of the odds that Osama bin Laden would be in the Abbottabad compound. In 2000, no one—not least Steve Jobs—knew what a smartphone was; how could anyone have predicted how many would be sold in 2020? And financial advisers who confidently provide the information required in the standard retirement planning package—what will interest rates, the cost of living, and your state of health be in 2050?—demonstrate only that their advice is worthless. The limits of certainty demonstrate the power of human judgment over artificial intelligence. In most critical decisions there can be no forecasts or probability distributions on which we might sensibly rely. Instead of inventing numbers to fill the gaps in our knowledge, we should adopt business, political, and personal strategies that will be robust to alternative futures and resilient to unpredictable events. Within the security of such a robust and resilient reference narrative, uncertainty can be embraced, because it is the source of creativity, excitement, and profit.

The Good Lord Bird (National Book Award Winner)

The Good Lord Bird (National Book Award Winner)
Title The Good Lord Bird (National Book Award Winner) PDF eBook
Author James McBride
Publisher Riverhead Books
Pages 434
Release 2013-08-20
Genre Fiction
ISBN 1594486344

Download The Good Lord Bird (National Book Award Winner) Book in PDF, Epub and Kindle

Henry Shackleford is a young slave living in the Kansas Territory in 1857, the region a battlefield between anti and pro slavery forces. When John Brown, the legendary abolitionist, arrives in the area, an arguement between Brown and Henry's master quickly turns violent. Henry is forced to leave town with Brown, who believes Henry is a girl. Over the next months, Henry conceals his true identity as he struggles to stay alive. He finds himeself with Brown at the historic raid on Harper's Ferry, one of the catalysts for the civil war.

The Hobbit / The Lord of the Rings

The Hobbit / The Lord of the Rings
Title The Hobbit / The Lord of the Rings PDF eBook
Author John Ronald Reuel Tolkien
Publisher Del Rey
Pages 0
Release 2012-09-25
Genre Fiction
ISBN 0345538374

Download The Hobbit / The Lord of the Rings Book in PDF, Epub and Kindle

Presents a box set including the complete "Lord of the Rings" trilogy, as well as its prequel, "The Hobbit."

Lord Valentine's Castle

Lord Valentine's Castle
Title Lord Valentine's Castle PDF eBook
Author Robert K. Silverberg
Publisher Penguin
Pages 637
Release 2012-05-01
Genre Fiction
ISBN 1101585420

Download Lord Valentine's Castle Book in PDF, Epub and Kindle

The Classic Bestselling Saga by Science Fiction Grand Master Robert Silverberg Lord Valentine’s Castle He is a man with no past— a wanderer without memory of his origins. He calls himself Valentine. As a member of a motley group of entertainers, he travels across the magical planet of Majipoor, always hoping he will meet someone who can give him back what he has lost. And then, he begins to dream--and to receive messages in those dreams. Messages that tell him that he is far more than a common vagabond—he is a lord, a king turned out of his castle. Now his travels have a purpose—to return to his home, discover what enemy took his memory, and claim the destiny that awaits him…