Read The Ascent of Money: A Financial History of the World by Niall Ferguson Free Online
Book Title: The Ascent of Money: A Financial History of the World|
The author of the book: Niall Ferguson
Format files: PDF
The size of the: 31.91 MB
Edition: Penguin Press
Date of issue: November 13th 2008
ISBN 13: 9781594201929
Read full description of the books The Ascent of Money: A Financial History of the World: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. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential backstory behind all history. With the clarity and verve for which he is known, Ferguson elucidates key financial institutions and concepts by showing where they came from. What is money? What do banks do? What's the difference between a stock and a bond? Why buy insurance or real estate? And what exactly does a hedge fund do? This is history for the present. Ferguson travels to post-Katrina New Orleans to ask why the free market can't provide adequate protection against catastrophe. He delves into the origins of the subprime mortgage crisis.
Read information about the authorNiall Ferguson is a British (Scottish) historian who specialises in financial and economic history as well as the history of empire. He is the Laurence A. Tisch Professor of History at Harvard University and the William Ziegler Professor of Business Administration at Harvard Business School. He was educated at the private Glasgow Academy in Scotland, and at Magdalen College, Oxford.
He is best known outside academia for his revisionist views rehabilitating imperialism and colonialism; within academia, his championing of counterfactual history is a subject of some considerable controversy. In 2008, Allen Lane published his most recent book, The Ascent of Money: A Financial History of the World which he also presented as a Channel 4 television series.
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