Description: The 10th anniversary edition with new chapters on the crash Chimerica and cryptocurrency" An excellent just in time guide to the history of finance and financial crisis." The Washington Post" Fascinating." Fareed Zakaria Newsweek 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.
Title: The Ascent Of Money A Financial History Of The World: 10th Anniversary Edition
Barcode: 9780143116172
Publication Date: 10/1/2009