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A Financial History of the World: 10th Anniversary Edition

A Financial History of the World: 10th Anniversary Edition

By Niall Ferguson

By Niall Ferguson

Best Seller

Category: World History | Economics

Category: World History | Economics

Paperback $20.00

Oct 27, 2009 | ISBN 9780143116172

Ebook $9.99

Nov 13, 2008 | ISBN 9781440654022

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    About The Ascent of Money

    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.

    About The Ascent of Money

    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.

    Also by Niall Ferguson

    See all books by Niall Ferguson

    Also by Niall Ferguson

    See all books by Niall Ferguson

    About Niall Ferguson

    Niall Ferguson is one of the world’s most renowned historians. He is the author of sixteen books, including Civilization, The Great Degeneration, Kissinger, 1923–1968: The Idealist, and The Ascent of Money. He is the Milbank Family Senior Fellow at the… More about Niall Ferguson

    About Niall Ferguson

    Niall Ferguson is one of the world’s most renowned historians. He is the author of sixteen books, including Civilization, The Great Degeneration, Kissinger, 1923–1968: The Idealist, and The Ascent of Money. He is the Milbank Family Senior Fellow at the… More about Niall Ferguson

    Product Details

    Category: World History | Economics

    Paperback | $20.00
    Published by Penguin Books
    Oct 27, 2009 | 496 Pages | 5-1/2 x 8-7/16 | ISBN 9780143116172

    Category: World History | Economics

    Ebook | $9.99
    Published by Penguin Books
    Nov 13, 2008 | 496 Pages | ISBN 9781440654022

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    Praise

    “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“Fascinating.” —Fareed Zakaria, Newsweek“Good old-fashioned narrative history, complete with heroes and villains, visionaries and scoundrels.” —James Pressley, Bloomberg

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    The Ascent of Money by Niall Ferguson: 9780143116172 | PenguinRandomHouse.com: Books (2024)

    FAQs

    What is the ascent of money about? ›

    The Ascent of Money is an explanation of how different historical events led to the development of the current financial system. It aims to show how, despite its proneness to crises and inequality, the financial system and money itself are drivers of human history and progress.

    What is the Ascent of Money 10th Anniversary Edition by Niall Ferguson about? ›

    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, ...

    When was the ascent of money written? ›

    The Ascent of Money: A Financial History of the World is a 2008 book by then-Harvard professor Niall Ferguson, and an adapted television documentary for Channel 4 (UK) and PBS (US), which in 2009 won an International Emmy Award. It examines the long history of money, credit, and banking.

    Who wrote the book money? ›

    What is the message of the poem money? ›

    Answer. Theme: The theme of the poem 'Money' by Dana Gioia is the negative impact that the desire for money can have on a person's life. The poem explores the idea that the pursuit of wealth can lead to a shallow existence, filled with material possessions but lacking in deeper meaning and purpose.

    What is the Orthodox theory of money? ›

    Orthodox monetary theory effectively rests on two premises. The first is that there exists a natural rate of interest at which the economy operates at a high employment and low inflation equilibrium.

    What is the name of the author and presenter of The Ascent of Money? ›

    In THE ASCENT OF MONEY, author, economist and historian Niall Ferguson traces the evolution of money and demonstrates that financial history is the essential back-story behind all history.

    What was the first version of money? ›

    The shekel was the unit of weight and currency, first recorded c. 2150 BC, which was nominally equivalent to a specific weight of barley that was the preexisting and parallel form of currency.

    When was the reed of God written? ›

    First published in 1944 and now a spiritual classic for Catholics across the globe, The Reed of God contains meditations on the humanity of Mary, Mother of God.

    How many times is money written in the Bible? ›

    Money. Yes, it's a key part of the Bible – according to the Wealth with Purpose website, more than 2,300 verses address money, wealth and possessions, and Jesus referenced it in 15% of his teachings and 11 of his 39 parables.

    Why is it called money on books? ›

    The term “money on the books” is used because prisoners are not allowed to have actual cash on their person, so each inmate has an inmate account. In fact, cash is considered contraband and not allowed by the prison.

    What is the summary of the book money? ›

    Brief summary

    'Money' by Rob Moore is a guide to mastering the art of wealth creation. It provides practical tips on how to increase income, manage debt, and invest wisely. The book offers actionable advice for anyone looking to improve their financial situation.

    What is the main idea of the poem money by Reginald Gibbons? ›

    Explanation: The main idea in the story 'Money' by Reginald Gibbons is the exploration of the complicated relationship people have with money, how it influences our decisions, and our profound human reaction towards it.

    What is the poem money about? ›

    The poem Money by Philip Larkin makes one think deeply about the meaning and importance of money itself. Money and finances heavily impact our lives as money is how we pay for things to be able to survive and provide for ourselves and others.

    What is the poem money talks about? ›

    The poem personifies money and presents its voice in the most brutal terms — cold-hearted, greedy and cynical. Those with money have the most power, and most chilling of all are those who can manufacture of buy “big bombs”.

    What is the message of the money by Junot Diaz? ›

    "The Money" by Junot Diaz is a captivating and thought-provoking short story that explores the themes of family, sacrifice, and the pursuit of the American Dream.

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