The ascent of money: a financial history of the world
(Book)
Description
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.
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. 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 historian 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. Through Ferguson's expert lens, for example, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the world's first modern bond market over insolvent Habsburg absolutism. Yet the central lesson of financial history is that, sooner or later, every bubble bursts.--From publisher description
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Ferguson, N. (2008). The ascent of money: a financial history of the world. Penguin Press.
Chicago / Turabian - Author Date Citation (style guide)Ferguson, Niall. 2008. The Ascent of Money: A Financial History of the World. Penguin Press.
Chicago / Turabian - Humanities Citation (style guide)Ferguson, Niall, The Ascent of Money: A Financial History of the World. Penguin Press, 2008.
MLA Citation (style guide)Ferguson, Niall. The Ascent of Money: A Financial History of the World. Penguin Press, 2008.
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Last Sierra Extract Time | Jul 07, 2025 08:14:41 AM |
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Last File Modification Time | Jul 07, 2025 08:15:23 AM |
Last Grouped Work Modification Time | Jul 12, 2025 10:18:41 PM |
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505 | 0 | |a Introduction -- Dreams of avarice -- Of human bondage -- Blowing bubbles -- The return of risk -- Safe as houses -- From empire to Chimerica -- Afterword : The descent of money -- Acknowledgements -- Notes -- List of illustrations -- Index | |
520 | |a 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. | ||
520 | |a 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. 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 historian 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. Through Ferguson's expert lens, for example, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the world's first modern bond market over insolvent Habsburg absolutism. Yet the central lesson of financial history is that, sooner or later, every bubble bursts.--From publisher description | ||
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