‘The Alchemists’ in strategy + business, Economic Times, and Quartz

September 21, 2013 No Comments by Neil

Rob Norton at strategy + business reviews The Alchemists. He writes:

Irwin was assigned to cover the U.S. Federal Reserve in August 2007, just as the wheels began to come off the mortgage-backed securities market and the mayhem began to build. He was thus perfectly situated to report on the crisis and its aftermath, and he has made the most of his opportunity. The Alchemists is a deeply researched and painstakingly reported account of what went wrong, and how the world’s top three central bankers—Ben Bernanke at the Fed, Jean-Claude Trichet at the European Central Bank, and Mervyn King at the Bank of England—struggled to keep the global financial system from capsizing.

Read the full review here.

Ullekh NP at India’s Economic Times interviewed Neil Irwin about the challenges facing new Reserve Bank of India governor Raghuram Rajan and other global central bankers. Here is the Q&A.

In Quartz, Tim Fernholz describes The Alchemists as “remarkably gripping for a book about monetary policy” and highlights the shifting personnel–and shifting challenges–at the world’s leading central banks. “Bernanke, King and Trichet found a way to put out a fire,” Fernholz writes. “The new generation may find it harder to rebuild amidst the ashes.” Read the full article here.

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