Risultati di "Mervyn King" in Tutte le categorie

Radical uncertainty changes the way we should think about decision-making. For over half a century economics has assumed that people behave rationally by optimizing among well-defined choices. Behavioral economics questioned how far people are rational, pointing to the cognitive biases that seem to describe actual behavior. 

SHORTLISTED FOR FOOTBALL BOOK OF THE YEAR AT THE 2026 SPORTS BOOK AWARDS 'BRILLIANT, REVEALS DELIGHTFUL DETAILS ABOUT EMERY' The Times 'A BACKSTAGE PASS TO THE MAKING OF A MODERN FOOTBALL IDENTITY' Midlands Gazette "Aston Villa is waking up. The slumbering giant is stretching its limbs, eyes...

Something is wrong with our banking system. We all sense that, but Mervyn King knows it firsthand; his 10 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 past 20 years saw unprecedented growth and stability followed by the worst financial crisis the industrialised world has ever witnessed. In the space of little more than a year, what had been seen as the age of wisdom was viewed as the age of foolishness. Almost overnight, belief turned into incredulity. Most accounts of the recent crisis focus on the symptoms and not the underlying causes of what went wrong.