The Ascent of Money: A Financial History of the World by Niall Ferguson
This book provides a comprehensive history of money, credit, and banking, tracing their evolution from ancient times to the present. It explores how financial systems have shaped human history, from the rise and fall of empires to the development of modern economies. The book delves into the origins of the stock market, the true nature of insurance, the perils of inflation, the importance of property rights, and the role of financial innovation in economic growth. It also examines the causes and consequences of financial crises, offering valuable insights into the complex relationship between finance and society.
The 9843rd greatest book of all time
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This book is on the following lists:
- 88th on The 100 Best Books of the Decade(2000) (Times)