Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance.
Customer Reviews:
Avg. Customer Rating: 4.0 / 5.0
There Are Better Books on The Ascent of Money:
The downfall of this book is it is not a financial history of the world but an abbreviated antedotal review of the most recent bubbles mixed in with previous bubbles that have no relation to a historical review of world financial history. The first sentence epitomizes what you will read, a rehash of other more scholarly works that more accurately portray the current financial mess in relation to past financial history. The author has the credentials to make a much better volume of historical... more info
How things *really* work...:
Have you ever wondered how banking started? How the South really lost the war? What really happened last year on Wall Street? This book explains the real reason behind nearly every historical event for the past 800 years.
Don't get your history and analysis from a Wall Street apologist:
There are many, many excellent books addressing the current economic crisis, the utter failure of deregulation, the outrageous excesses, looting and crimes of Wall Street, the destruction of the middle class, the horrid debt burden left for our children, the fantastic increase in disparity between the haves and have-nots--in short, the destruction of the American way of life as we have known it. Don't get your history and analysis from a right-wing apologist for Wall Street and the ultra-wealthy, who... more info
History of Dinero:
We are all experts when it comes to money (or at least real estate), but none of us really knows much history. For if we knew the history of booms and busts, bonds and equities, risk and insurance then we may all be a little less likely to jump into the latest bubble, and a little more likely to question our own "expertise". I admire Ferguson for taking on a big topic, and for his willingness to provide a grand sweep of history that reflects and helps us understand our current recession. The book was... more info
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