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Ascent of Money: A Financial History of the World | Niall Ferguson

2 posts | 10 read | 1 reading | 10 to read

A richly original look at the origins of money and how it makes the world go round Niall Ferguson follows the money to tell the human story behind the evolution of our financial system, from its genesis in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. What's more, Ferguson reveals financial history as the essential backstory behind all history, arguing that the evolution of credit and debt was as important as any technological innovation in the rise of civilization. As Ferguson traces the crisis from ancient Egypt's Memphis to today's Chongqing, he offers bold and compelling new insights into the rise--and fall--of not just money but Western power as well.

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vlwelser

The Ascent of Money: A Financial History of the World | Niall Ferguson

pick

I really liked this. It was super interesting. It's the history of finance basically. It's a little out of date because it only goes to 2008 when it was published. I'll stop geeking out now before you all get bored.

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Jabjosh

The Ascent of Money: A Financial History of the World | Niall Ferguson

So far so good. I had the thought that in order to understand the financial system you needed to understand its history. This book has helped tremendously with that.

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