A reissue of Niall Ferguson’s bestselling book with a major new chapter on the first ten years of the Financial Crisis
Bread, cash, dosh, dough, loot. Call it what you like, it matters now more than ever. In The Ascent of Money, Niall Ferguson shows that finance is the foundation of all human progress and the lifeblood of history. From the cash injection that funded the Italian Renaissance to the stock market bubble that sparked the French Revolution, from the bonds that fuelled Britain’s war effort to the Wall Street Crash and today’s meltdown, this is the story of boom and bust as it’s never been told before. Whether you’re scraping by or rolling in it, there’s no better time to understand the ascent of money.
‘Beautifully written … Breathtakingly clever’ Sunday Telegraph
‘A lucid and racy account of financial history’ New Statesman
‘A fine, readable and entertaining history’ Dominic Sandbrook, Daily Telegraph, Books of the Year
‘The tales he tells of boom and bust, of triumph and disaster, of bubbles that inflate … are the very essence of financial history’ Bill Emmott, Financial Times
‘An often enlightening and enjoyable tour through the underside of great events, a lesson in how the most successful great powers have always been underpinned by smart money’ Robert Skidelsky, New York Review of Books
About the Author
Niall Ferguson is one of Britain’s most renowned historians. He is the Milbank Family Senior Fellow at the Hoover Institution, Stanford University, a senior faculty fellow of the Belfer Center for Science and International Affairs at Harvard, and a visiting professor at Tsinghua University, Beijing. His most recent book is The Square and the Tower.