The Ascent of Money : A Financial History of the World: 10th Anniversary Edition

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The Ascent of Money : A Financial History of the World: 10th Anniversary Edition

Regular price $11.50
Unit price
per
ISBN: 9780143116172
Authors: Niall Ferguson
Publisher: Penguin Books
Date of Publication: 2009-10-27
Format: Paperback
Related Collections: Business, Politics, Economics, History
Goodreads rating: 3.9
(rated by 28488 readers)

Description

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 financial crisis."  — The Washington Post"Fascinating."  —Fareed Zakaria,  NewsweekIn 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. 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. 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. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.
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