In The Ascent of Money, historian Niall Ferguson traces the evolution of finance from ancient Mesopotamian banking systems to the complexities of modern global markets. He explores how money, credit, and financial institutions have shaped human civilization, fueling both prosperity and crises.

Through engaging storytelling and in-depth historical analysis, Ferguson examines key moments in financial history—such as the rise of the Rothschild banking dynasty, the Great Depression, and the 2008 financial crisis—revealing how financial systems have repeatedly driven both progress and instability.

Why Read This Book

• Provides a comprehensive history of money, banking, and global finance.
• Explains the financial forces that have shaped economies for centuries.
• Connects historical financial events to modern economic challenges.
• Written in a highly accessible style, making complex financial concepts understandable.
• A must-read for those interested in economic history, financial markets, and global affairs.

About the Author

Niall Ferguson is a British historian and author known for his work on financial and economic history. A professor at institutions such as Harvard and Stanford, he has written several bestselling books, including Empire and Civilization. His research provides valuable insights into the historical roots of contemporary economic and political issues.