• The Ascent of Money: A Financial History of the World See large image

    The Ascent of Money: A Financial History of the World (CD-Audio) By (author) Niall Ferguson, Narrator Simon Prebble

    Currently unavailable

    We can notify you when this item is back in stock

    | Add to wishlist

    OR try AbeBooks who may have this title (opens in new window).

    Try AbeBooks
    Also available in...
    Paperback $13.24
    Hardback $26.09

    DescriptionBread, cash, dough, loot, 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 back story behind all history. Through Ferguson's expert lens, familiar historical landmarks appear in a new and sharper financial focus. Suddenly, 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. And the origins of the French Revolution are traced back to a stock market bubble caused by a convicted Scot murderer. 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 also delves into the origins of the subprime mortgage crisis. Perhaps most important, "The Ascent of Money" documents how a new financial revolution is propelling the world's biggest countries, India and China, from poverty to wealth in the space of a single generation--an economic transformation unprecedented in human history. Yet the central lesson of the financial history is that sooner or later every bubble bursts--sooner or later the bearish sellers outnumber the bullish buyers; and sooner or later greed flips into fear. And that is why, whether you're scraping by or rolling in it, there's never been a better time to understand the ascent of money.


Other books

Other people who viewed this bought | Other books in this category
Showing items 1 to 10 of 10

 

Reviews | Bibliographic data
  • Full bibliographic data for The Ascent of Money

    Title
    The Ascent of Money
    Subtitle
    A Financial History of the World
    Authors and contributors
    By (author) Niall Ferguson, Narrator Simon Prebble
    Physical properties
    Format: CD-Audio
    Width: 135 mm
    Height: 190 mm
    Thickness: 15 mm
    Weight: 72 g
    Language
    English
    ISBN
    ISBN 13: 9781400160334
    ISBN 10: 1400160332
    Classifications

    B&T Book Type: NF
    BIC E4L: ECO
    Nielsen BookScan Product Class 3: S4.5
    B&T Merchandise Category: AUD
    BIC subject category V2: KCZ
    B&T Modifier: Subject Development: 01
    B&T General Subject: 180
    BISAC V2.8: HIS037000
    LC subject heading:
    BISAC V2.8: BUS023000
    Ingram Subject Code: JV
    Libri: I-JV
    DC22: 332.49
    Warengruppen-Systematik des deutschen Buchhandels: 57820
    BISAC V2.8: HIS000000
    DC22: 330.09, 332.09
    LC subject heading:
    LC classification: HG171 .F47 2008B
    Thema V1.0: KCZ
    Edition
    Unabridged
    Edition statement
    Unabridged
    Publisher
    Tantor Media, Inc
    Imprint name
    Tantor Media, Inc
    Publication date
    22 December 2008
    Publication City/Country
    Old Saybrook, CT
    Author Information
    Niall Ferguson is the Laurence A. Tisch Professor of History at Harvard University and the bestselling author of "Paper and Iron" and "The House of Rothschild." One of "AudioFile" magazine's Golden Voices, Simon Prebble has received over twenty Earphones Awards and five Listen-Up Awards, and he has been a finalist fourteen times for an Audie Award. In 2006, "Publishers Weekly" named him Narrator of the Year, and he was named "Booklist"'s 2010 Voice of Choice.
    Review quote
    "There is an ease to [Ferguson's] prose that leaves this complicated subject interesting to and approachable by any general [listener]." ---Booklist Starred Review