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'
'A lucid and racy account of financial history'
'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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The hardback publication of Niall Ferguson's book was prophetic, but this edition - topped and tailed with a passionate, closely argued call for us to educate ourselves about financial markets - could not be more timely (Tony Clements Telegraph)
Dazzling ... extraordinarily timely (Martin Vander Weyer Spectator)
A whistle-stop tour of the historical events that gave us the financial system we have today ... To Niall Ferguson's list of talents we can now add great timing (Stephanie Flanders Mail on Sunday)
Ferguson is the most brilliant British historian of his generation ... he writes with splendid panache ( Times)
Ferguson's powers are on formidable display (Tristram Hunt Observer)
Wonderfully accessible ... Ferguson is spot on (Allister Heath Literary Review)
A fine history ... told with verve and insight ( Daily Telegraph)
One of the world's leading historians (Hamish McRae Independent)
'From clay tables to loan securitisation, this fine history reveals trust as central to the power of finance ... told with verve and insight ... [Niall Ferguson] is a fine analyst of the financial vertebrae that make up the backbone of human history'
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Book Description Penguin Press, 2008. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: Naturally, financial regulators are eager to pounce, but there is a possibility that they will misdiagnose what went wrong and impose measures that create as many problems as they solve. Before regulators throw block trades, bond swaps, bridge financing, butterfly spreads and Black-Scholes out with the bathwater, they should find time to read Niall Ferguson's The Ascent of Money . Wall St. Journal. Bookseller Inventory # ABE_book_new_1594201927
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