Author : Mervyn King
Genre : Business & Economics
Publisher : W. W. Norton & Company
ISBN : 9780393247039
Type book : PDF, Epub, Kindle and Mobi
File Download : 368 page

“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.

Author : Paulo Coelho
Genre : Fiction
Publisher : HarperCollins
ISBN : 9780062416216
Type book : PDF, Epub, Kindle and Mobi
File Download : 208 page

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.

Author : John Kay
Genre : Business & Economics
Publisher : W. W. Norton & Company
ISBN : 9781324004783
Type book : PDF, Epub, Kindle and Mobi
File Download : 407 page

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.

Author : Avery Williams
Genre : Juvenile Fiction
Publisher : Simon and Schuster
ISBN : 9780857076823
Type book : PDF, Epub, Kindle and Mobi
File Download : 256 page

People say 'love never dies'… but love might be the death of Seraphina. Seraphina has been alive since the Middle Ages, when her boyfriend, Cyrus, managed to perfect a method of alchemy that lets them swap bodies with any human being. She doesn't want to die, so she finds young people who are on the brink of death, and inhabits their bodies. When we meet Sera, she has landed in the body of a girl named Kailey who was about to die in a car accident. For the first time, Sera falls in love with the life of the person she's inhabiting. Sera also falls for the boy next door, Noah. And soon it's clear the feelings are returned. Unfortunately, she can never kiss Noah, because for her to touch lips with a human would mean the human's death. And she has even more to worry about: Cyrus is chasing her, and if she stays in one place for long, she puts herself -and the people she's grown to care for - in danger.

Author : Mervyn King
Genre :
Publisher :
ISBN : 0393247023
Type book : PDF, Epub, Kindle and Mobi
File Download : 368 page

Mervyn King was governor of the Bank of England from 2003 to 2013, guiding the country through the Great Recession and into the start of the recovery. Taking the long view, King shows that the crisis he faced was only the latest in a long series of financial crises since our money and banking systems became the cornerstone of modern capitalism. True, the transformation of precious metals into paper money, and the invention of banking institutions that could spin out long-term loans from short-term deposits, have provided a financial alchemy that has spawned two hundred years of economic growth—yet they also create vulnerabilities that have wrought repeated economic disasters, from hyperinflation to banking collapses. In The End of Alchemy, King tackles the fundamental question rising out of the Great Recession: are we slaves to the boom-and-bust cycles of money and banking, or can we remake these institutions to fashion a more stable future?

Author : Paulo Coelho
Genre : Fiction
Publisher : Harper Collins
ISBN : 9780060834838
Type book : PDF, Epub, Kindle and Mobi
File Download : 207 page

Every few decades a book is published that changes the lives of its readers forever. The Alchemist is such a book. With over two million copies sold in English and twenty-one million copies worldwide, The Alchemist has established itself as a modern classic that will enchant and inspire readers for generations to come.

Author :
Genre : History
Publisher : A&C Black
ISBN : 9781441181831
Type book : PDF, Epub, Kindle and Mobi
File Download : 298 page

Author : Katherine Eggert
Genre : History
Publisher : University of Pennsylvania Press
ISBN : 9780812247510
Type book : PDF, Epub, Kindle and Mobi
File Download : 368 page

Katherine Eggert explores the crumbling state of humanistic learning in the sixteenth and seventeenth centuries and the benefits of relying on alchemy despite its recognized flaws.

Author : Lawrence Principe
Genre : History
Publisher : University of Chicago Press
ISBN : 9780226682952
Type book : PDF, Epub, Kindle and Mobi
File Download : 296 page

An accessible history of alchemy by a leading world authority explores its development and relationship with myriad disciplines and pursuits, tracing its heyday in early modern Europe while profiling some of history's most colorful alchemists and describing the author's recreation of famous alchemy recipes.

Author : Leah DeVun
Genre : History
Publisher : Columbia University Press
ISBN : 9780231145398
Type book : PDF, Epub, Kindle and Mobi
File Download : 274 page

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.