The Ascent of Money: A Financial History of the World
ISBN 13: 9781410415332
Publisher: Thorndike Pr
Publication Date: 2009
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"[A] magnificently entertaining and provocative new book....The origins of the book as a television series are apparent. The rapid shift of perspective is great fun, though an academic would say that it would be helpful to have a systematic exploration of the thesis of financial evolution. That would lead to the loss of some of the verve and vim with which the tale of financial genius and financial folly and skullduggery are interwoven."
Harold James, Times Literary Supplement, 03/27/2009Review:
"Although THE ASCENT OF MONEY is pockmarked by digressions (about things like the Black-Scholes model of options pricing) that many lay readers will find arcane and difficult to understand, the book as a whole is animated by Mr. Ferguson's narrative gifts, among them his ability to discuss complex ideas in user-friendly terms. He also has a knack for illustrating his larger hypotheses with colorful stories about people like Nathan Rothschild... the Scottish economist and gambler John Law...; and the Nobel Prize-winning economist Milton Friedman and his so-called Chicago Boys, who helped bring economic reforms to Pinochet's Chile."
Michiko Kakutani, New York Times, 12/02/2008
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