The Ascent of Money: A Financial History of the World

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9780718194000: The Ascent of Money: A Financial History of the World
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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.

Niall Ferguson's new book The Square and the Tower: Networks and Power, from the Freemasons to Facebook will be published in January 2018.

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About the Author:

Niall Ferguson is one of the world's most renowned historians. He is the author of Paper and Iron, The House of Rothschild, The Pity of War, The Cash Nexus, Empire, Colossus, The War of the World, The Ascent of Money, High Financier, Civilization, The Great Degeneration, Kissinger, 1923-1968: The Idealist, and The Square and the Tower. He is Senior Fellow at the Hoover Institution, Stanford University, and a Visiting Professor at Tsinghua University, Beijing. His many awards include the Benjamin Franklin Prize for Public Service (2010), the Hayek Prize for Lifetime Achievement (2012) and the Ludwig Erhard Prize for Economic Journalism (2013).

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 Ltd, United Kingdom, 2012. Paperback. Condition: New. Repr.. Language: English . Brand New Book. Bread, cash, dosh, dough, loot. Call if what you like, it matters now more than ever. In The Ascent of Money, Niall Ferguson shows that financial history is the back-story to all history.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. Seller Inventory # APG9780718194000

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Book Description Penguin Books Ltd, United Kingdom, 2012. Paperback. Condition: New. Repr.. Language: English . Brand New Book. Bread, cash, dosh, dough, loot. Call if what you like, it matters now more than ever. In The Ascent of Money, Niall Ferguson shows that financial history is the back-story to all history.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. Seller Inventory # APG9780718194000

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