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9780143116172

The Ascent of Money: A Financial History of the World

Ferguson, Niall Author

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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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About the Author:

Niall Ferguson is Laurence A. Tisch Professor of History at Harvard University, a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University. The bestselling author of Paper and Iron, The House of Rothschild, The Pity of War, The Cash Nexus, Empire, and Colossus, he also writes regularly for newspapers and magazines all over the world. Since 2003 he has written and presented three highly successful television documentary series for British television: Empire, American Colossus, and, most recently, The War of the World.

From AudioFile:

Who knew there was a financial subtext to MARY POPPINS? Niall Ferguson--apparently--who explains that the children's classic makes the important point about banking that a bank's success is based on a fragile faith. And it's that same faith--in coins, in paper, and now in virtual banking--that lets us believe that money exists even though we don't much see it anymore. Written before the current downturn, yet seeming to predict it, the book explains that the popping sound you hear is when the "belief bubble" bursts (and Ferguson profiles some massive bubble makers). Narrator Simon Prebble moves along this metaphysical history of dinero with command, authority, and a BBC accent. His tone and timing add an element of class to the project. It's sort of like sitting in on a really fab Oxford lecture. R.W.S. Winner of AudioFile Earphones Award © AudioFile 2009, Portland, Maine

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Book Description Penguin Books, 2009. Book Condition: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: 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 Fergusons The Ascent of Money. The Wall Street Journal [An] excellent, just in time guide to the history of finance and financial crisis. The Washington Post Shrewdly anticipates many aspects of the current financial crisis, which has toppled banks, precipitated gigantic government bailouts and upended global markets. Michiko Kakutani, The New York Times. Bookseller Inventory # ABE_book_new_0143116177

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Book Description Penguin Books. PAPERBACK. Book Condition: New. 0143116177 Chronicles the evolution of finance from its origins in Mesopotamia to the modern world's most recent upheavals, covering such topics as the stock market bubble that prompted the French Revolution and the theories behind common investment vehicles. Bookseller Inventory # 4698846

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Book Description Penguin Putnam Inc, United States, 2009. 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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