EAN: 9780143116172

THE ASCENT OF MONEY - NIALL FERGUSON KARTONIERT...

The 10th anniversary edition  with new chapters on the crash  Chimerica  and cryptocurrency 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.

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