The Ascent of Money : A Financial History of the World: 10th Anniversary Edition (9780143116172)

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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, Newsweek

In 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.

Product details

• Format Paperback | 496 pages
• Dimensions 140 x 213 x 26mm | 397g
• Publication date 15 Jul 2011
• Publisher Penguin Putnam Inc
• Imprint Penguin USA
• Publication City/Country New York, NY, United States
• Language English
• Edition Statement Trade Paperback
• Illustrations note B/W PHOTOS, ILLUSTRATIONS, AND GRAPHS THROUGHOUT
• ISBN10 0143116177
• ISBN13 9780143116172
• Bestsellers rank 68,300

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