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If you're interested in monetary policy and a fundamental analysis of the state of money and banking in the world today, I highly recommend "The End of Alchemy"
by habosa 10y ago
If you're interested in monetary policy and a fundamental analysis of the state of money and banking in the world today, I highly recommend "The End of Alchemy" by Mervyn King [0].
The book starts with a long history of why we have money at all, why it takes the forms it takes, and how banks evolved into their current role. It then goes on to describe why there is so much inherent risk in our banking system and what we could do to reduce or eliminate it.
As someone who follows financial news but has no formal education in finance, I found the book enlightening and extremely readable.
[0] - https://www.amazon.com/End-Alchemy-Banking-Future-Economy/dp/0393247023 https://www.amazon.com/End-Alchemy-Banking-Future-Economy/dp...
- simonebrunozzi 10y agoThis is a great suggestion - thanks!
- lukezaparaniuk 10y agoFYI, Mervyn King was the Governor of the Bank of England for 10 years.