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 NewsweekIn 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.

An informative and engaging read, The Ascent of Money, authored by Niall Ferguson and released in 2009 by Penguin Books, covers a wide range of themes under Finance, Money. This work, falling into the genre of Business & Money, Economics Books, extends over 496 pages, , making it a comprehensive guide. Its unique ISBNs 0143116177 and 9780143116172 make it easily identifiable for readers and scholars alike.

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