The Ascent of Money

In The Ascent of Money, Niall Ferguson takes us on a journey through the history of money, from its origins in ancient civilizations to the modern world. He explores how money has evolved over time, and how it has shaped our society and economy. It's a fascinating look into the past that helps us understand our present.

Ferguson digs into the role of financial institutions in our society. He shows us how banks, stock markets, and insurance companies have a huge impact on our lives, even if we don't always realize it. It's a great reminder of the power these institutions hold, and why we should pay attention to them.

The Ascent of Money doesn't shy away from the dark side of finance. Ferguson takes a close look at financial crises, from the Great Depression to the 2008 financial crash. He explores how these crises happen, and how they can affect everyone, not just those in the financial world. It's a sobering look at the risks of the financial system.

Ferguson also explores the role of money in global politics. He shows how financial power can influence political decisions, and how this can have far-reaching effects. It's a fascinating look into the intersection of finance and politics, and how the two are often closely linked.

Finally, The Ascent of Money takes a look at the future of money. Ferguson researches into cryptocurrencies like Bitcoin, and explores what they could mean for our financial system. It's a great way to get a glimpse into what the future might hold, and to start thinking about what it could mean for you.