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020 _a0143116177
020 _a1594201927
020 _a9781594201929
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040 _aBTCTA
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050 4 _aHG171
_bF47 2008
082 0 4 _a330.09
_bFER
100 1 _aFerguson, Niall.
_91648
_0(local)28700
245 1 4 _aThe ascent of money :
_ba financial history of the world /
_cNiall Ferguson.
260 _aNew York :
_bPenguin Press,
_c2008.
300 _av, 441 p. ;
_c24 cm.
500 _aTV tie-in.
504 _aIncludes bibliographical references (p. 363-397) and index.
520 _aNiall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. But historian Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential backstory behind all history. Through Ferguson's expert lens, for example, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the world's first modern bond market over insolvent Habsburg absolutism. Yet the central lesson of financial history is that, sooner or later, every bubble bursts.--From publisher description.
520 1 _a"Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential backstory behind all history." "Through Ferguson's expert lens familiar historical landmarks appear in a new and sharper financial focus. Suddenly, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the world's first modern bond market over insolvent Habsburg absolutism. And the origins of the French Revolution are traced back to a stock market bubble caused by a convicted Scot murderer." "With the clarity and verve for which he is known, Ferguson elucidates key financial institutions and concepts by showing where they came from. What is money? What do banks do? What's the difference between a stock and a bond? Why buy insurance or real estate? And what exactly does a hedge fund do?"--BOOK JACKET.
650 0 _aFinance
_xHistory.
_91710
_0(local)40433
650 0 _aEconomic history.
_91711
_0(local)30767
650 0 _aEconomics
_xHistory.
_91712
_0(local)40434
650 0 _aMoney
_xHistory.
_91713
_0(local)28855
650 0 _aInternational finance
_xHistory.
_91714
_0(local)40435
942 _2lcc
_cBK
_n0
980 _aNiall Ferguson is Laurence A. Tisch Professor of History at Harvard University.
999 _c2724
_d2724