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

Published by Allen Lane, 2008, Paperback.

Condition: Very Good+. Slight reading crease to the spine otherwise a very well presented copy.

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Illustrated with photographs, in colour & black and white. From the cover: Bread, cash, dosh, dough, loot: call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it is the sinews of war. To revolutionaries, it is the shackles of labour. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. With the clarity and verve for which he is famed, Niall Ferguson reveals financial history as the essential back-story behind all history. He explains why the origins of the French Revolution lie in a stock market bubble caused by a convicted Scots murderer. He shows how financial failure turned Argentina from the worlds sixth richest country into an inflation-ridden basket case and how a financial revolution is propelling the world’s most populous country from poverty to power. Yet the most important lesson of financial history is that sooner or later every bubble bursts. And thats why, whether you’re scraping by or rolling in it, there’s never been a better time to understand the ascent of money.

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