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Description
'Before regulators throw block trades, bond swaps, bridge financing, butterfly spreads and Black-
Scholes out with the bathwater, they should find time to read Niall Ferguson's The Ascent of
Money.' --The Wall Street Journal '[An] excellent, just in time guide to the history of finance and
financial crisis.' --The Washington Post 'Shrewdly anticipates many aspects of the current financial
crisis, which has toppled banks, precipitated gigantic government bailouts and upended global
markets.' --Michiko Kakutani, The New York Times'Fascinating.' --Fareed Zakaria,
Newsweek'Good old-fashioned narrative history, complete with heroes and villains, visionaries and
scoundrels.' --James Pressley, Bloomberg Read more Niall Ferguson is one of the world's most
renowned historians. He is the author of Paper and Iron, The House of Rothschild, The Pity of
War, The Cash Nexus, Empire, Colossus, The War of the World, The Ascent of Money, High
Financier, Civilization, The Great Degeneration, Kissinger, 1923-1968: The Idealist, and The
Square and the Tower. He is Senior Fellow at the Hoover Institution, Stanford University, and a
Visiting Professor at Tsinghua University, Beijing. His many awards include the Benjamin Franklin
Prize for Public Service (2010), the Hayek Prize for Lifetime Achievement (2012) and the Ludwig
Erhard Prize for Economic Journalism (2013). Read more