The Ascent of Money: A Financial History of the World: 10th Anniversary Edition

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The tenth anniversary version, with new chapters on the crash, Chimerica, and cryptocurrency

“[An] wonderful, simply in time information to the historical past of finance and monetary disaster.” —The Washington Put up

“Fascinating.” —Fareed Zakaria, Newsweek

On this up to date version, Niall Ferguson brings his traditional monetary historical past of the world as much as the current day, tackling the populist backlash that adopted the 2008 disaster, the descent of “Chimerica” right into a commerce struggle, and the appearance of cryptocurrencies, resembling Bitcoin, together with his signature readability and professional lens.
 
The Ascent of Cash reveals finance because the spine of historical past, casting a brand new mild on acquainted occasions: the Renaissance enabled by Italian overseas trade sellers, the French Revolution traced again to a inventory market bubble, the 2008 disaster traced from America’s chapter capital, Memphis, to China’s boomtown, Chongqing. We might resent the plutocrats of Wall Avenue however, as Ferguson argues, the evolution of finance has rivaled the significance of any technological innovation within the rise of civilization. Certainly, to check the ascent and descent of cash is to check the rise and fall of Western energy itself.

Writer ‏ : ‎ Penguin Books (October 27, 2009)
Language ‏ : ‎ English
Paperback ‏ : ‎ 496 pages
ISBN-10 ‏ : ‎ 0143116177
ISBN-13 ‏ : ‎ 978-0143116172
Merchandise Weight ‏ : ‎ 13.6 ounces
Dimensions ‏ : ‎ 5.48 x 1.06 x 8.44 inches