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The Ascent of Money: A Financial History of the World: 10th Anniversary Edition,Used
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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, NewsweekIn 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.
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- Q: What is the main focus of 'The Ascent of Money'? A: The book provides a comprehensive history of finance and its impact on global events, exploring key economic developments from the Renaissance to modern-day financial crises.
- Q: Who is the author of this book? A: The author is Niall Ferguson, a prominent historian and commentator on economic history.
- Q: What new chapters are included in the 10th Anniversary Edition? A: This edition includes new chapters discussing the 2008 financial crash, Chimerica, and the rise of cryptocurrencies like Bitcoin.
- Q: Is this book suitable for someone without a finance background? A: Yes, the book is written with clarity and is accessible to readers without a finance background, making it suitable for anyone interested in economic history.
- Q: How many pages does 'The Ascent of Money' have? A: The book has a total of 496 pages.
- Q: What type of binding does this edition have? A: The 10th Anniversary Edition is available in paperback binding.
- Q: When was 'The Ascent of Money' published? A: The book was published on October 27, 2009.
- Q: What themes does the book explore regarding finance? A: It explores themes such as the relationship between finance and historical events, the evolution of financial systems, and the socio-economic impacts of market fluctuations.
- Q: Is this book considered a critical analysis of financial crises? A: Yes, it critically analyzes various financial crises and their historical contexts, making it a valuable resource for understanding economic patterns.
- Q: Can this book help me understand the recent developments in cryptocurrency? A: Yes, the book includes discussions on cryptocurrencies, providing insights into their relevance and impact on modern finance.