In 'The Ascent of Money,' Niall Ferguson traces the history of finance from ancient times to the modern era, revealing how money has shaped civilizations. Through captivating anecdotes and insightful analysis, he explores the rise of banking, credit, and investment, shedding light on their profound impacts on society. Each chapter unveils the intertwining of economics with history, politics, and global events, compelling readers to rethink the role of finance in shaping our world. Ferguson daringly argues that understanding finance is crucial to comprehending our past and navigating our future. This compelling narrative promises to be a thought-provoking journey into the unseen forces of wealth and power.
By Niall Ferguson
Published: 2009
""The history of money is the history of civilization itself; without finance, there can be no progress, and understanding its evolution is key to grasping our past and shaping our future.""
Chronicles the evolution of finance from its origins in Mesopotamia to the modern world's most recent upheavals, covering such topics as the stock market bubble that prompted the French Revolution and the theories behind common investment vehicles.
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“"The history of money is the history of civilization itself; without finance, there can be no progress, and understanding its evolution is key to grasping our past and shaping our future."”
The Ascent of Money
By Niall Ferguson
Discover a world of knowledge through our extensive collection of book summaries.
Niall Ferguson is a prominent historian, author, and broadcaster known for his work examining the interplay of economics, history, and politics. Born in 1964 in Glasgow, Scotland, he has served as a professor at prestigious institutions such as Harvard University and the University of Oxford. Ferguson's notable works include 'The Ascent of Money', 'Empire: The Rise and Demise of the British World Order', and 'The Square and the Tower', where he analyzes complex historical narratives with a keen insight into economic forces shaping societies. His writing style is characterized by rigorous scholarship combined with a compelling narrative, making complex historical themes accessible to a wide audience. Ferguson frequently explores themes of imperialism, finance, and the impact of technology on historical events.
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