The evolution of credit and debt was as important as any technological innovation in the rise of civilization, from ancient Babylon to the silver. Whats more, he reveals financial history as the essential back-story behind all history. Niall Ferguson takes us on a historical adventure through the ascent of money, applying fact and opinion throughout.Why do stock markets produce bubbles and.
(The sixth and final episode was uploaded as a separate video due to YouTube’s length restrictions.)įor an excellent companion to and enhancement of the documentary, you won’t go wrong with the book. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. As we’ll see, financial history has repeatedly been interrupted by gut-wrenching crises, of which today’s is just the latest.” ~ Niall Ferguson
But money’s rise has never been a smooth upward ride. As a historical text, Ascent of Money makes a valuable contribution to the humanities, the study of the human condition. From ancient Mesopotamia right down to present-day London, the ascent of money has been an indispensable part of the ascent of man. In the four-hour version of THE ASCENT OF MONEY, historian and author Niall Ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved. Stock markets built empires and monetary meltdowns made revolutions. Professor Niall Ferguson examines the origins of the pillars of the worlds financial system, and how behind every great historical. But, while it lasts, it’s very much worth a watch - eloquent and digestible, it distills one of the most powerful driving forces of our civilization and its multiplicitous impact on just about every aspect of our lives.īanks financed the Renaissance, while the bond market decided wars. The program is now available online in a clip of questionable legality that may or may not get pulled down by the copyright watchdogs at any point.
But the book was actually meant to accompany a 2008 six-part documentary commissioned by Channel 4 - the same folks who gave us What Is Reality?, The End of God?: A Horizon Guide to Science and Religion, How Music Works, What Is Time? - and distributed in the US by PBS. Among yesterday’s selection of 5 must-read books by this year’s newly announced TED Global speakers was The Ascent of Money: A Financial History of the World by Harvard historian Niall Ferguson. In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day.
0 kommentar(er)
