Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself. All from 1.96 New from 10.34 Used from 1. The author shows that finance is, in fact, the foundation of human progress. 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. Money History Finance Ferguson tells the human story behind the evolution of money, from its origins in ancient Mesopotamia to the latest Wall Street upheavals. 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. 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. Los Angeles Times ISBN 978-1-59420-192-9 The Ascent of Money ALSO BY NIALL FERGUSON Paper and Iron The House of Rothschild The Pity of W a r The Cash N. " excellent, just in time guide to the history of finance and financial crisis." - The Washington Post The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency
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