The Ascent of Money by Niall Ferguson
A Financial History of the World

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Synopsis

A richly original look at the origins of money and how it makes the world go around

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.


 

About Niall Ferguson

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Niall Ferguson is Laurence A. Tisch Professor of History at Harvard University, a senior research fellow of Jesus College, Oxford University, and a senior fellow of the Hoover Institution, Stanford University. He is the bestselling author of "The House of Rothschild" and "Colossus,
 
Published October 31, 2008 by Penguin Books. 448 pages
Genres: History, Business & Economics. Non-fiction

Unrated Critic Reviews for The Ascent of Money

Kirkus Reviews

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From prolific historian Ferguson (History/Harvard Univ.; The War of the World, 2006, etc.), a sweeping survey of money and its many instruments.

May 20 2010 | Read Full Review of The Ascent of Money: A Financ...

The New York Times

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In “The Ascent of Money,” boldly subtitled “A Financial History of the World,” the host Niall Ferguson makes many costume changes, choosing, for instance, a loose-fitting butter-cream blazer to amble around the Jewish quarter of Venice and explain the evolution of money lending.

Jul 07 2009 | Read Full Review of The Ascent of Money: A Financ...

The New York Times

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Niall Ferguson’s latest book, “The Ascent of Money: A Financial History of the World,” went to press in May 2008, but it shrewdly anticipates many aspects of the current financial crisis, which has toppled banks, precipitated gigantic government bailouts and upended global markets.

Dec 02 2008 | Read Full Review of The Ascent of Money: A Financ...

The New York Times

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Niall Ferguson argues that finance has weighed heavily on the outcome of history’s big events.

Dec 28 2008 | Read Full Review of The Ascent of Money: A Financ...

The Guardian

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The Great Crash: How the Stock Market Crash of 1929 Plunged the World into Depression by Selwyn Parker 310pp, Piatkus, £12.99 The Ascent of Money: A Financial History of the World by Niall Ferguson 397pp, Allen Lane, £25 The Gods that Failed: How Blind Faith in Markets Has Cost Us Our Future by L...

Oct 11 2008 | Read Full Review of The Ascent of Money: A Financ...

The Guardian

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Niall Ferguson has written a brilliant book exploring the historic nexus between money, diplomacy, warfare and globalisation.

Nov 02 2008 | Read Full Review of The Ascent of Money: A Financ...

The Guardian

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The Ascent of Money: A Financial History of the World by Niall Ferguson Buy it from the Guardian bookshop Search the Guardian bookshop In his latest book, Niall Fer...

Jun 06 2009 | Read Full Review of The Ascent of Money: A Financ...

The Telegraph

On the one hand, his suggestion in The Ascent of Money that hedge funds offer a superior model for risk management than welfare states makes Milton Friedman - a hero of Ferguson's - look like a Leftie.

Nov 06 2008 | Read Full Review of The Ascent of Money: A Financ...

Review (Barnes & Noble)

The story of money's origins, of the Italian Renaissance cities, of the founding and operation of the first limited liability company in the Netherlands, of the Rothschild banking dynasty's rise in the 19th century, of what caused the Great Depression, of the turn to house-owning debt, of today's...

Nov 17 2008 | Read Full Review of The Ascent of Money: A Financ...

Literary Review

Behind every major historical phenomenon and every great civilisation lies a financial secret.

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