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The Alchemists: Three Central Bankers and a World on Fire by [Irwin, Neil]
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Length: 465 pages Word Wise: Enabled Enhanced Typesetting: Enabled
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Editorial Reviews

Review

The New York Times:
"[Mr. Irwin] has provided an accessible, engrossing account of the tribulations that Mr. Bernanke, with Mervyn A. King of the Bank of England and Jean-Claude Trichet of the European Central Bank, endured in pulling the world financial system back from collapse... Mr. Irwin seems to have talked with everyone, read the right scholarly papers and interviewed important dissenters in the Fed, the European Central Bank, the Bank of England and the Bundesbank... He has a nice touch for translating central banking’s mysteries, opaque and forbidding, into understandable English. He is astute in describing the internal and external politics of institutions traditionally expected to remain above politics of the usual sort."

Adam S. Posen, Foreign Affairs, President of the Peterson Institute for International Economics and member of the Bank of England’s Monetary Policy Committee from 2009 to 2012:
"An excellent account...scrupulously reported and full of clear explanations of events and economic concepts....an incredibly valuable book for all economically concerned non-economists. As someone who knows well the three central bankers that the book features...I can attest that the narrative has more than just a ring of truth. It gets the individuals, the circumstances surrounding their decisions, and their motivations right and also presents them fairly. Irwin’s volume will have lasting value for a wide range of audiences, including students and elected officials, but it will make its greatest contribution as a corrective to the many unfounded or simply crazy ideas about monetary policymakers’ intentions and impact."

The Wall Street Journal:
"A detailed and fast-moving account of these perilous years. This is the crisis as told through emails, phone calls, meetings and one very fateful walk along the beach in Deauville, France."

Kirkus Reviews:
"The most complete and authoritative account to date of the response of the central bankers to the global financial crisis."

About the Author

Neil Irwin is a senior economic correspondent at The New York Times, where he writes for The Upshot, a site with analytical coverage of politics, economics, and policy. He was formerly a Washington Post reporter from 2000 through 2013, including time as columnist and economics editor. In the latter role he was the Post's lead reporter covering the 2007 to 2009 financial crisis, recession, and government response.

Product details

  • File Size: 12900 KB
  • Print Length: 465 pages
  • Publisher: Penguin Books (April 4, 2013)
  • Publication Date: April 4, 2013
  • Sold by: Penguin Group (USA) LLC
  • Language: English
  • ASIN: B008EKOGKS
  • Text-to-Speech: Enabled
  • X-Ray:
  • Word Wise: Enabled
  • Lending: Not Enabled
  • Screen Reader: Supported
  • Enhanced Typesetting: Enabled
  • Amazon Best Sellers Rank: #459,881 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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