Jump to:The Ascent of Money [Hardback]by Niall FergusonThis book is OUT OF PRINT You may be able to find a copy at ABE Books Description of The Ascent of MoneyBread, cash, dosh, dough, loot: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, its the sinews of war. To revolutionaries, its the chains of labour. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. Whats more, he reveals financial history as the essential back-story behind all history.The evolution of credit and debt was as important as any technological innovation in the rise of civilization, from ancient Babylon to the silver mines of Bolivia.Banks provided the material basis for the splendours of the Italian Renaissance, while the bond market was the decisive factor in conflicts from the Seven Years War to the American Civil War. With the clarity and verve for which he is famed, Niall Ferguson explains why the origins of the French Revolution lie in a stock market bubble caused by a convicted Scots murderer. He shows how financial failure turned Argentina from the worlds sixth richest country into an inflation-ridden basket case - and how a financial revolution is propelling the worlds most populous country from poverty to power in a single generation. Yet the most important lesson of the financial history is that sooner or later every bubble bursts - sooner or later the bearish sellers outnumber the bullish buyers - sooner or later greed flips into fear. And that's why, whether you're scraping by or rolling in it, there's never been a better time to understand the ascent of money. Title Information
Write a review of this book Customer Reviews from AmazonAbout Niall FergusonNiall Ferguson is one of Britain's most renowned historians. He is Laurence A. Tisch Professor of History at Harvard University, a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University. The bestselling author of Paper and Iron, The House of Rothschild, The Pity of War, The Cash Nexus, Empire, Colossus and The War of the World, he also writes regularly for newspapers and magazines all over the world. He has written and presented four highly successful television documentary series for Channel 4: Empire, American Colossus, The War of the World and, most recently, The Ascent of Money. He, his wife and three children divide their time between the United Kingdom and the United States. |
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