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The Ascent of Money: A Financial History of the World by Niall Ferguson

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SKU: book-9780141987927 -da33580

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About The Book

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.

Additional

General all

About Author
Niall Ferguson

Niall Ferguson is one of Britain's most renowned historians. He is the Milbank Family Senior Fellow at the Hoover Institution, Stanford University, a senior faculty fellow of the Belfer Center for Science and International Affairs at Harvard, and a visiting professor at Tsinghua University, Beijing. His most recent book is The Square and the Tower.

Book Review

" Before regulators throw block trades, bond swaps, bridge financing, butterfly spreads and Black-Scholes out with the bathwater, they should find time to read Niall Ferguson's The Ascent of Money." -The Wall Street Journal

"[An] excellent, just in time guide to the history of finance and financial crisis." -The Washington Post

" Shrewdly anticipates many aspects of the current financial crisis, which has toppled banks, precipitated gigantic government bailouts and upended global markets." -Michiko Kakutani, The New York Times

General

AuthorNiall Ferguson
PublisherPenguin
Publication date4 July 2019
LanguageEnglish
Number of page560 pages
Product Dimensions 12.9 x 2.4 x 19.8 cm
BindingPaperback
ISBN9780141987927

Sales Package

In the box1 x Main Product
Weight0.4000

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