# Lord Mervyn King's book, "The End of Alchemy," is featured

1 Faculty News May 9, 2016 ![Wall Street Journal logo](/sites/default/files/styles/246w/public/assets/images/wsjlogo.jpg?itok=5Qt0z3WX)>

Excerpt from [The Wall Street Journal](http://www.wsj.com/articles/notable-quotable-mervyn-king-1462833417) -- "I came to believe that fundamental changes are needed in the way we think about macroeconomics, as well as the way central banks manage their economies. A key role of a market economy is to link the present and the future, and to coordinate decisions about spending and production not only today but tomorrow and in the years thereafter."

[Read more](http://www.wsj.com/articles/notable-quotable-mervyn-king-1462833417)
