The Ascent of Money: A Financial History of the World

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Penguin Books, Limited, 2009 - Economic history - 441 pages
22 Reviews
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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Review: The Ascent of Money: A Financial History of the World

User Review  - Erez Davidi - Goodreads

Niall Ferguson's works about World War I and World War II were highly controversial when published and still are. All the more so is his book "Empire" concerning the British Empire, in which he argued ... Read full review

Review: The Ascent of Money: A Financial History of the World

User Review  - David - Goodreads

The "Ascent of Money" had a subtle right-wing/conservative bent to the point that as the events became more recent, I found more and more questionable "facts" and right-wing "talking points". For ... Read full review

About the author (2009)

Niall Ferguson was born April 18, 1964, in Glasgow. He is a Scottish historian. He specializes in financial and economic history as well as the history of empire. He is the Laurence A. Tisch Professor of History at Harvard University and the William Ziegler Professor of Business Administration at Harvard Business School. His books include Paper and Iron: Hamburg Business and German Politics in the Era of Inflation 1897-1927 (1993), Virtual History: Alternatives and Counterfactuals (1997), The Pity of War: Explaining World War One (1998), The World's Banker: The History of the House of Rothschild (1998), The Cash Nexus: Money and Power in the Modern World, 1700-2000 (2001), Empire: The Rise and Demise of the British World Order and the Lessons for Global Power (2003), Colossus: The Rise and Fall of the American Empire (2004), The War of the World: Twentieth-Century Conflict and the Descent of the West (2006) and The Ascent of Money: A Financial History of the World (2008) and Civilization: The West and the Rest (2011).

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