About The Book
Niall Ferguson's, The Ascent of Money, is an informative account of the history of the one thing that makes the world go around - money. He discusses the concepts of debt and credit, which were indispensable even at the time of ancient Mesopotamia. With an exceptional flair for words, he effortlessly shows how financial history is the backdrop of all history. Using illustrations ranging from the French Revolution, to the stock markets of our century, he analyses the rise of money from the advent of civilisation.
How did money shape the history of the world? What is the origin of the French Revolution and how is it related to world financial history? You will find the answers to these questions in this book. A descriptive and collative treasure map of the major events of civilisation and its relationship with money is depicted in the book.
The fluctuations in the stock market over the years, the Great Depression, the current state of the economic world and all the other financial ups and downs have been included in the The Ascent of Money: A Financial History of The World.
The Ascent of Money was published by Penguin on 5th April 2012 and is available in paperback.
- The Ascent of Money: A Financial History of The World has been adapted into an award winning television documentary which aired on Channel 4 and PBS.
- The author expands on the power of the developed nations against the other smaller nations, focusing on US-China relations in his final chapter.