The Ascent of Money: A Financial History of the World

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Penguin Books, 2009 - History - 442 pages
3 Reviews
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.

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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

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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

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About the author (2009)

NIALL FERGUSON  is one of Britain's most renowned historians. He is the Laurence A. Tisch Professor of History at Harvard University and William Ziegler Professor of Business Administration at Harvard Business School, a Senior Research Fellow of Jesus College, Oxford, and a Senior Research Fellow of the Hoover Institution, Stanford University. He is the bestselling 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, and High Financier. He also writes regularly for newspapers and magazines all over the world.

 www.niallferguson.com

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