The Ascent of Money — ePUB download – 9781594201929

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    The Ascent of Money
    A Financial History of the World

    by Niall Ferguson

    📕 The Ascent of Money — Click Here 📕

    • ISBN: 9781594201929 (1594201927)
    • Author: Niall Ferguson
    • Awards: Duke of Westminster Medal for Military Literature Nominee (2009)
    • Format: hardcover, 442 pages
    • Publisher: Penguin Press
    • Genres: history, economics, finance, business, money, politics, historical
    • Release date: November 13, 2008
    • Language: english

    About The Book

    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 on what he calls Planet Finance. Bread, cash, dosh, dough, loot, lucre, 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 backstory behind all history. 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 delves into the origins of the subprime mortgage crisis.

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