The ascent of money - Penguin Books, 2008 - 441 p. ; 19 cm

a financial history of the world

Introduction 1. Dreams of avarice-- 2. Of human bondage-- 3. Blowing bubbles-- 4. The return of risk-- 5. Safe as houses-- 6. From empire to Chimerica-- Afterword : The descent of money-- Acknowledgements-- Notes-- List of illustrations-- Index--

Shows that financial history is the back-story to all history. From the banking dynasty who funded the Italian Renaissance to the stock market bubble that caused the French Revolution, this is the story of booms and busts. ; ; 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.

9780718194000


International finance -- History.
Money History
Economic history
Finance History
Economic history

Finance