Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself. In THE ASCENT OF MONEY, author, economist and historian Niall Ferguson traces the evolution of money and demonstrates that financial history is the essential. In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed. The ascent of money: a financial history of the world / Niall. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Ferguson argues that some aspect of finance lies behind all great events in history and that financial innovation has been as. As its title implies, the book covers the rise of money and financial systems (in the West) throughout history. The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency An excellent, just in time guide to the history of finance and. The Ascent of Money was written by famed historian Niall Ferguson, considered one of the most influential people in the world by Times magazine. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. The Ascent of Money: A Financial History of the World is a 2008 nonfiction book by historian Niall Ferguson.
The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens.