The Ascent of Money: A Financial History of the World

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9780143116172: The Ascent of Money: A Financial History of the World

From the bestselling author of Empire, Niall Ferguson's The Ascent of Money: A Financial History of the World shows that the history of money is the back-story to all history.

Bread, cash, dosh, dough, loot. Call it what you like, it matters now more than ever.

From the banking dynasty who funded the Italian Renaissance to the stock market bubble that caused the French Revolution, this is the story of booms and busts as it's never been told before.

With the world in the grip of the biggest financial crisis since the Great Depression, there's never been a better time to understand the ascent - and descent - of money.

'Beautifully written ... Breathtakingly clever'
  Sunday Telegraph

'A lucid and racy account of financial history'
  New Statesman

'A fine, readable and entertaining history'
  Dominic Sandbrook, Daily Telegraph Books of the Year

'The tales he tells of boom and bust, of triumph and disaster, of bubbles that inflate ... are the very essence of financial history'
  Bill Emmott, Financial Times

'An often enlightening and enjoyable tour through the underside of great events, a lesson in how the most successful great powers have always been underpinned by smart money'
  Robert Skidelsky, New York Review of Books

Niall Ferguson is one of Britain's most renowned historians. He is Laurence A. Tisch Professor of History at Harvard University, a Senior Research Fellow of Jesus College, Oxford and a Senior Fellow of the Hoover Institution, Stanford University. He is the bestselling author of Civilization, The House of Rothschild, The Cash Nexus, The Pity of War, Colossus, The War of the World and Empire.

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A richly original look at the origins of money and how it makes the world go round
Niall Ferguson follows the money to tell the human story behind the evolution of our financial system, from its genesis in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. What's more, Ferguson reveals financial history as the essential backstory behind all history, arguing that the evolution of credit and debt was as important as any technological innovation in the rise of civilization. As Ferguson traces the crisis from ancient Egypt's Memphis to today's Chongqing, he offers bold and compelling new insights into the rise--and fall--of not just money but Western power as well.

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Book Description Penguin. 1 Paperback(s), 2008. soft. Book Condition: New. (Named one of the Washington Post's Best Business & Economics Books of 2008) Originally published during the major recession of 2008, and the basis of the International Emmy Award–winning documentary series for British television, this book by Scottish historian and economist Niall Ferguson tells the human story behind the evolution of our financial system, from its genesis in ancient Mesopotamia to the upheavals on what he calls Planet Finance. He posits that financial history is the essential backstory behind all history, arguing that the evolution of credit and debt was as important as any technological innovation in the rise of civilization, and offers bold insights into the rise and fall of not just money but Western power as well."Shrewdly anticipates many aspects of the current financial crisis, which has toppled banks, precipitated gigantic government bailouts and upended global markets."—NYTimes"British historian Ferguson follows Empire, his provocative take on British history, and his equally provocative take on the American 'empire' in Colossus, with a not so much provocative as fresh look at the history of money and its ramifications on how modern life has evolved, since to him 'money is the root of most progress.' One of his basic premises cannot be argued with: most people in the English-speaking world are woefully ignorant of things financial. To that end, Ferguson, in his desire to educate the general public, presents the history of money within these contexts: the rise of money and the history of credit, and the histories of the bond market, the stock market, insurance, the real-estate market, and international finance. There is an ease to his prose that leaves this complicated subject interesting to and approachable by any general reader."—Booklist (starred review) 442. Bookseller Inventory # 71158

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Book Description Penguin Putnam Inc, United States, 2011. Paperback. Book Condition: New. Trade Paperback.. 220 x 138 mm. Language: English . Brand New Book. A richly original look at the origins of money and how it makes the world go round Niall Ferguson follows the money to tell the human story behind the evolution of our financial system, from its genesis in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. What s more, Ferguson reveals financial history as the essential backstory behind all history, arguing that the evolution of credit and debt was as important as any technological innovation in the rise of civilization. As Ferguson traces the crisis from ancient Egypt s Memphis to today s Chongqing, he offers bold and compelling new insights into the rise--and fall--of not just money but Western power as well. Bookseller Inventory # ABZ9780143116172

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