Introduction - Dreams of avarice - Of human bondage - Blowing bubbles - The return of risk - Safe as houses - From empire to Chimerica - Afterword : The descent of moneyĪccess-restricted-item true Addeddate 14:01:10 Boxid IA40137715 Camera USB PTP Class Camera Collection_set printdisabled External-identifier Includes bibliographical references (pages 363-397) and index Yet the central lesson of financial history is that, sooner or later, every bubble bursts.-From publisher description The rise of the Dutch republic is reinterpreted as the triumph of the world's first modern bond market over insolvent Habsburg absolutism. 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. What's more, he reveals financial history as the essential backstory behind all history. But historian Ferguson shows that finance is in fact the foundation of human progress. To revolutionaries, it's the chains of labor.

To Christians, love of it is the root of all evil. Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals.

The Ascent of Money by Niall Ferguson