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The Ascent of Money: A Financial History of the World: 10th Anniversary Edition (Paperback) (ISBN-13: 9780143116172)
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Niall Ferguson
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Books
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Description
xThe 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.
Author: Niall Ferguson
ISBN-10: 0143116177
ISBN-13: 9780143116172
Publisher: Penguin Books
Language: English
Published: 10/01/2009
Pages: 496
Format: Paperback
Weight: 0.95lbs
Size: 8.40h x 5.50w x 1.20d
Review Citation(s):
Newsweek 09/21/2009 pg. 52
New York Times Book Review 11/29/2009 pg. 24
"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.
Author: Niall Ferguson
ISBN-10: 0143116177
ISBN-13: 9780143116172
Publisher: Penguin Books
Language: English
Published: 10/01/2009
Pages: 496
Format: Paperback
Weight: 0.95lbs
Size: 8.40h x 5.50w x 1.20d
Review Citation(s):
Newsweek 09/21/2009 pg. 52
New York Times Book Review 11/29/2009 pg. 24
By Niall Ferguson
xNiall Ferguson is one of the world's most renowned historians. He is the author of Paper and Iron, The House of Rothschild, The Pity of War, The Cash Nexus, Empire, Colossus, The War of the World, The Ascent of Money, High Financier, Civilization, The Great Degeneration, Kissinger, 1923-1968: The Idealist, and The Square and the Tower. He is Senior Fellow at the Hoover Institution, Stanford University, and a Visiting Professor at Tsinghua University, Beijing. His many awards include the Benjamin Franklin Prize for Public Service (2010), the Hayek Prize for Lifetime Achievement (2012) and the Ludwig Erhard Prize for Economic Journalism (2013).
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