The Ascent of Money: A Financial History of the World: 10th Anniversary Edition
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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, Newsweek
In 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.
Publisher : Penguin Books (October 27, 2009)
Language : English
Paperback : 496 pages
ISBN-10 : 0143116177
ISBN-13 : 978-0143116172
Item Weight : 14.4 ounces
Dimensions : 5.44 x 1.09 x 8.43 inches
Customers say
Customers find the book elegant, well-written, and concise. They describe the information as incredibly informative, thought-provoking, and relevant. Readers also mention the book weaves interesting stories into the mix and is topical. They say it’s an excellent history of money. Opinions are mixed on the value for money, with some finding it good and others saying it’ll be useless fluff.
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Original price was: $20.00.$11.99Current price is: $11.99.