Book Name: The Ascent of Money
Writer: Niall Ferguson
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.
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