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Bread, cash, dosh, dough, loot: 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 labour. But in THE ASCENT OF MONEY, Niall Ferguson shows that finance is in fact the foundation of human progress.
With the clarity and verve for which he is famed, Niall Ferguson reveals financial history as the essential back-story behind all history. He explains why the origins of the French Revolution lie in a stock market bubble caused by a convicted Scots murderer. He shows how financial failure turned Argentina from the world's sixth richest country into an inflation-ridden basket case - and how a financial revolution is propelling the world's most populous country from poverty to power.
Yet the most important lesson of the financial history is that sooner or later every bubble bursts. And that's why, whether you're scraping by or rolling in it, there's never been a better time to understand the ascent of money.
Niall Ferguson is one of Britain's most renowned historians. He is Laurence A. Tisch Professor of History at Harvard University, a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University. The bestselling author of Paper and Iron, The House of Rothschild, The Pity of War, The Cash Nexus, Empire, Colossus and The War of the World, he also writes regularly for publications all over the world. He has written and presented four highly successful television documentary series for Channel Four, most recently The Ascent of Money. He, his wife and three children divide their time between the United Kingdom and the United States.
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