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

Book description

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…

When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

Why read it?

1 author picked The End of Alchemy as one of their favorite books. Why do they recommend it?

King was the head of the Bank of England during the financial crisis of 2008. He declared full deposit insurance for the entire United Kingdom private banking system, with no deposit premiums required. This ended the run on the banks that spilled over into the streets of the UK during the crisis, when the Bank of England at first decided not to take care of Northern Rock, a private retail bank that was headed towards insolvency.

King provides a whimsical and sharp review of the private and central bank system before and after the crisis that builds very much on…

From Max's list on Walter Bagehot’s challenge.

If you love The End of Alchemy...

Book cover of These Blue Mountains

These Blue Mountains by Sarah Loudin Thomas,

A moving story of love, betrayal, and the enduring power of hope in the face of darkness.

German pianist Hedda Schlagel's world collapsed when her fiancé, Fritz, vanished after being sent to an enemy alien camp in the United States during the Great War. Fifteen years later, in 1932, Hedda…

Want books like The End of Alchemy?

Our community of 12,000+ authors has personally recommended 100 books like The End of Alchemy.

Browse books like The End of Alchemy

Book cover of Money Mischief: Episodes in Monetary History
Book cover of Lombard Street, a Description of the Money Market
Book cover of The Evolution of Central Banks

Share your top 3 reads of 2025!

And get a beautiful page showing off your 3 favorite reads.

1,366

readers submitted
so far, will you?

📚 If you like The End of Alchemy, you might also like...

Book cover of Marriage and Fatherhood in the Nazi SS

Marriage and Fatherhood in the Nazi SS by Amy Carney,

When I was writing this book, several of my friends jokingly called it the Nazi baby book, with one insisting it would make a great title. Nazi Babies – admittedly, that is a catchy title, but that’s not exactly what my book is about. SS babies would be slightly more…

Book cover of A Forgivable Indecision

A Forgivable Indecision by Shawn Jennings,

In 1913, a 15-year-old pregnant girl was found dead of apparent suicide. Dr. James Wilson, a new graduate and the first doctor ever to start a practice in this rural town, feels guilty over her death because of his delayed intervention.

He knows Bessie was raped by one of her…

5 book lists we think you will like!