Overall, this is an excellent book with good contents and good writing style. Звичайно основний акцент звертається на явища та історію Західного світу. This led those governments most dependent on these markets to institute regulated public markets so as to maintain stability and security of transaction, which was in their own best interests. Each chapter takes on a different issue: money, the bond market, stocks, housing, and political economy. Visite: The is a very interesting take on the role of money in world history.
One final thing: There is an anecdote about the film Mary Poppins early in the book that I highly recommend reading. Banks Money, once it allowed quantification of the value of transactions soon led naturally to delayed payments and then to the institutions of lending and borrowing. In other words, it's not a full picture. Having greatly enjoyed Niall Fergesun's previous work, I thought this would be a great way to go. . I am quite weak on financial history, so this book made an excellent beginning remedial course. Thank you for signing up! Another book from the vaguely centrist right, you know them, those economists and Greek translators and philosophers from the University of Chicago who assisted Pinochet in his fascist coup, won Nobel Prizes, misconstrued Plato to fit their world-view I'm looking at you, Leo Strauss , and finally, today, when they are primarily involved in teaching a new generation to do the same things.
And as a side note, I may be mistaken, but the book seems to clarify when an economist is left-leaning but not when right-leaning. Thank you for signing up! Civilization shows exactly how a dozen came to control three-fifths of mankind and four-fifths of the world economy. Ferguson does at least leave you with something basic to ponder. I came out of it like a lesser noble. He was well aware of the dangers of corporations, and particularly of banks. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. Why buy insurance or real estate? Guns, Germs and Steel is a three-part documentary series presented by Jared Diamond trying to answer the biggest question of world history - Why is the world so unequal? While the concept is interesting, the idea then becomes an obvious indication of the author's neoconservative and right-wing beliefs.
Karl Kraus was an Austrian satirist, and The Last Days of Mankind is a satirical play about the First World War and Austria-Hungary. Starting off with China in the fifteenth century, he examines how China was once an expansive superpower, that invented many things that would not be discovered in Europe for centuries; the clock, football, chess, and gun powder, all came from China centuries before they were used by their European counterparts. He was interested in forming an independent Continent, not democracy based on European principles. Very helpful for a nonexpert like me; probably too basic for someone with academic training. The aim of these settlers in South Carolina was to build a better life for themselves. Here, Ferguson returns to telling about, well, not so much economics as the evolution of finance. Niall Ferguson takes you on a fascinating adventure to find out how Western ways emerged-and surged-then explores why it might be the beginning of the end for the West.
His social network now has 1. I think this is a smart way to write about financial history. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. The last chapter does a very good job of pulling the various threads together. This matured into full-fledged bond markets by the 13th century. Ferguson is known for provocative theories and for an ability to render scholarly ideas in layman-friendly terms. The Ottoman Empire, centred in Istanbul, was a force to be reckoned with.
The political and economic doctrines of the author are obvious in the reading of the book, as pointed out by other reviews. The rulers had great incentive to protect and regulate this amazing new source of funding! And the origins of the French Revolution are traced back to a stock market bubble caused by a convicted Scot murderer. Each chapter takes on a different issue: money, the bond market, stocks, housing, and political economy. Has the nature of business? On the outskirts of every city there are serried ranks of tower blocks and cranes, and row upon row of newly constructed apartment blocks. It's about the path of money, with the assumption that from the origin of the book's historical perspective, money has been the bedrock of civilization.
Centuries of centralised rule and Confucian philosophy mean that aspirations for greater individual freedom take second place to fear of disorder. The economic story is one that is intensely ecological. The more interesting difference, however, is that, in the past, libraries and social clubs did not make money from advertising. Bonds The rulers and the lords were the biggest customers of the banks. His many prizes and awards include the Benjamin Franklin Prize for Public Service 2010 and the Hayek Prize for Lifetime Achievement 2012. Niall Ferguson is a British Scottish historian who specialises in financial and economic history as well as the history of empire.
It won the International Emmy for Best Documentary. It's like a Chamber of Commerce picture. If only they had had different kinds of institutions, they could have been so much more economically successful — as we have seen in our own time. These are specious themes that are present in this book with a specific agenda, trying to escape notice by being presented in pseudoscientific light. It was the loss of a great ruler, and subsequently a great captain leading these voyages, that would cause the Chinese to look inwards, and abandon their discoveries, until they were eventually ravaged by disease, war and bankruptcy.