The End of Alchemy
From kwharrison13.com · Anti-library
The End of Alchemy
| Full title | The End of Alchemy: Money, Banking, and the Future of the Global Economy |
|---|---|
| Author | Mervyn King |
| Published | 2016 |
| Pages | 416 |
| Recommended | Once |
| Buy | Amazon |
| Why it’s on the list | The former Governor of the Bank of England on the alchemy at the centre of banking — turning illiquid long assets into money-good short liabilities — and why he thinks the 2008 crisis was a symptom of that design rather than of bad actors. A central banker explaining banking from the inside. |
Where I heard about it
- A reply to @WillManidis — named in answer to his question “what is the single best book you can read that will explain an entire industry?” in a thread on X, June 2025. The full list lives on what is the single best book… (tweet).
Connections
- what is the single best book… (tweet) — the thread this came out of; the full recovered list lives there.
- Finance — the industry the book explains.
- Capital Allocation — the portfolio idea this sits closest to.
What links here
Curated by Kyle Harrison. Organized by Claude. Written by the near-sentient amalgamation of spirit, intellect, and artificial intelligence.