An engaging look at how modern finance almost destroyed our global economy Over the last thirty years, capital markets have been restructured through the tenets of modern finance. This has been enormously profitable for the financial services sector. However, these innovations, coupled with unsound risk and regulatory practices have proved disastrous for the global economy. In a clear and accessible style, ex-investment banker and financial journalist Martin Hutchinson, and highly respected academic, Kevin Dowd show how modern finance combined with easy money threatened to bring down the world financial system. At the heart of the book is modern finance as a U.S. invention, the theories and practices associated with them, and the changes they made in business models and risk management on Wall Street and other major financial centers. Breaks down the events involved in the 2007-08 financial collapse Reveals how botched policy response made a bad situation worse Focuses on lessons that the practice of finance must learn from recent events The Alchemists of Loss will help you to understand how our financial system crashed and show you what it will take to make sure this won't happen again as we move forward.

“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.

The Dying Alchemists is a reflection on existence through prose, poetry and art, from our thoughts as conscious creatures on this planet and how it feels to be human, to the way in which the Universe reveals itself through the grand and majestic unfolding we see all around us.

More than magic... Where else can one combine chemistry and philosophy to turn base metal into gold while discovering a magical elixir to prolong life? Here's a simple and straightforward guide to alchemy that explains its basic principles. Written by one of the world's few practicing alchemists, it's a concise reference guide that provides easy-to-follow information so that anybody can be a wizard-in-training.

“Colorful alchemical lore and a vividly imagined 1543 London enrich Lawrence’s engaging . . . sequel to . . . The Alchemist’s Daughter.”—Publishers Weekly In the mid sixteenth century, Henry VIII sits on the throne, and Bianca Goddard tends to the sick and suffering in London’s slums, where disease can take a life as quickly as murder . . . For years, alchemist Ferris Stannum has devoted himself to developing the Elixir of Life, the reputed serum of immortality. Having tested his remedy successfully on an animal, Stannum intends to send his alchemy journal to a colleague in Cairo for confirmation. But the next day his body is found and the journal is gone. Bianca, the daughter of an alchemist, is well acquainted with the mystical healing arts. When her husband John falls ill with the sweating sickness, she dares to hope Stannum’s journal could contain the secret to his recovery. But first she must solve the alchemist’s murder. As she ventures into a world of treachery and deceit, Stannum’s death is only the first in a series of murders—and Bianca’s quest becomes a matter of life and death, not only for her husband, but for herself . . . Praise for The Alchemist’s Daughter “Unique characters, a twisty plot and a bold, bright heroine . . . Mystery and Tudor fans alike will raise a glass to this new series.”—Karen Harper, New York Times bestselling author “A realistic evocation of 16th century London’s underside. The various strands of the plot are so skillfully plaited together.”—Fiona Buckley, author of the Ursula Blanchard Mysteries

A 'how to' astrology handbook for practical alchemical laboratory work written by a working alchemist and astrologer. This method is used to determine when to make the most powerful herbal and mineral remedies possible. A great astrology resource for beginners and adepts. Includes blank charts and tables. Through the centuries, alchemists and astrologers have compiled observations based on the positioning of the sun, moon, and planets. They found that these cosmic clues could be applied to determine the best opportunity to begin work on laboratory experiments and developed systems to calculate these macrocosmic opportunities. Additionally this knowledge can be used to plan any important event or as an aid to meditative contemplation on the path to awakening. (Access to an Ephemeris is required, online or in print - not included in this handbook.) Forward by Dennis W. Hauck, author, lecturer, alchemy instructor, and former president of the International Alchemy Guild.