The Ascent of Money: A Financial History of the World
Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. But historian Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential backstory behind all history. Through Ferguson's expert lens, for example, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the world's first modern bond market over insolvent Habsburg absolutism. Yet the central lesson of financial history is that, sooner or later, every bubble bursts.--From publisher description.
What people are saying - Write a review
INFORMATIVEUser Review - 31mich - Overstock.com
I have not yet read this book but have only skimmed thru it....The copy I bought was a gift for a friend for an upcoming birthday so they have not yet read it either... but the book came highly recommended! Read full review
Prompt Shipping And Great PriceUser Review - emsjms - Overstock.com
I almost bought the book at a local store for a much higher price. It arrived very shortly after I placed the order & was in an excellent condition. I was very pleased with the purchase. ... Read full review