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The Ascent of Money

The Ascent of Money Business, Finance & Career

The Ascent of Money

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Description
The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency In 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.
Product details
Binding:
Paperback
Edition:
1
Number of Pages:
496
Release Date:
2009-10-27
Publication Date:
2009-10-31
Publisher:
Penguin LLC US
Languages:
Original: English
ISBN10:
0143116177
ISBN13:
9780143116172
Weight:
398 g
Height:
210 cm
Width:
135 cm
Thickness:
33 cm

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The items bear minimal signs of past use, such as light scratches or memories in the form of markings. These signs of wear give the items a charming character and tell stories of their previous owners, while not affecting their functionality.
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