Sync your viewing history and pick up where you left off on any device. During the first episode of the ascent of money from bullion to bubbles, host niall ferguson provides a compelling introduction on how money came to dominate peoples lives. Share this video on facebook share this video on twitter. A financial history of the world by niall ferguson epsd. It examines the long history of money, credit, and banking.
The series charts the financial history of the world. The purpose of this series is to explain basic ideas in. The ascent of money is a series of documentaries produced by the bbc and pbs based on the harvard economist niall fergussons book the ascent of money, a financial history of the world. Of human bondage although less exciting than the later stock market, bond markets have shown very relevant and very powerful. What empire 500 years ago had no real concept of money. The lender demands interest to compensate for risk. In the first episode of the fourhour series the ascent of money, economist and historian niall ferguson documents the roots of money and. Rise of the bond market the ascent of money is a series of documentaries produced by the bbc and pbs based on the harvard economist niall fergussons book the ascent of money, a financial history of the world. A richly original look at the origins of money and how it makes the world go roundniall ferguson follows the money to tell the human story behind the evolution of. In the fourhour version of the ascent of money, historian and author niall ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved over the centuries, how money has shaped the course of human affairs and how the mechanics of this economic system work to create seemingly unlimited wealth or catastrophic loss.
Funding for the ascent of money is provided by the ewing marion kauffman foundation, t. From ancient mesopotamia right down to presentday london, the ascent of money has been an indispensable part of the ascent of man. Risky business special 56m 14s economist and historian niall ferguson examines the roots of the insurance industry in europe. He begins with the world before money, and how the incan empire had no concept of money at all. The very title of his book, the ascent of money, is a screaming sell signal, like the shoeshine boys trading stock tips at the door to grand central station in new york in 1929.
Economist and historian niall ferguson examines the current global financial crisis in the context of the financial history of the west, topics in this episode. Niall ferguson documents the rise of modern finance in europe and its expansion into the far east, including the ascenda. We welcome your feedback about the ascent of money. Ferguson describes the increase and development of economics concentrating on insurance, financial. His quest for an answer takes him to the origins of modern insurance in the early 19th. The ascent of money part 3 risky business movie worksheet. The ascent of money summary chapter 2 of human bondage. Ferguson suggests that financial history is the fundamental background to all history. Nov 12, 2019 ferguson suggests that financial history is the fundamental background to all history. The purpose of this series is to explain basic ideas in economics by describing the. Questions about simplest possible hedge fund strategy saurabh dec 04, 2011 08.
The ascent of money is an account of moolah from the incas to the credit crunch and, with it, an argument for the centrality of finance to all elements of human history. A financial history of the world, historian niall ferguson argues that money, in its many forms, is the root of most human progress. From shylocks pound of flesh to the loan sharks of glasgow, from the promises to pay on babylonian clay tablets to the medici banking. Niall ferguson documents the roots of money and finance. The latin root of the word credit is credo, meaning to believe. From shylocks pound of flesh to the loan sharks of glasgow, from the promises to pay on babylonian clay tablets to the medici banking system, professor ferguson explains the origins of credit and debt and why credit networks are indispensable to any civilization.
The ascent of money is niall fergusons seventh book among a collection of historical texts about epic world events and figures, including the house of rothschild and the war of the world. A financial history of the world, historian niall ferguson argues that money, in its many forms, is the root. For part two of this book series, check out the second post book notes double feature. Without the invention of credit, the entire economic history of our world would have been impossible. The questions are listed in the order they appear in the film.
In the second episode of the fourhour series the ascent of money, economist and historian niall ferguson explores john law and his louisiana territory ponzi scheme that wrecked the economy of 18th century france. In the first episode of the fourhour series the ascent of money, economist and. The struggle to overcome risk has been a constant theme of what. Return to the deal groupon goods the ascent of money. His quest for an answer takes him to the origins of modern insurance in the early. Books and films the ascent of money documentary presented. From shylocks pound of flesh to the loan sharks of glasgow, from the promises. The ascent of money individual essay eco372 october 10th, 2012 the ascent of moneyindividual essay the ascent of money written by harvard professor nail ferguson as a way to converse about the financial history of the world ferguson, 2009. In 2008, british historian niall ferguson published an extremely insightful book on the phenomenon money. Jan 19, 2016 6 videos play all the ascent of money niall ferguson christian nilsen niall ferguson on historys hidden networks duration. This 53page guide for the ascent of money by niall ferguson includes detailed chapter summaries and analysis covering 6 chapters, as well as several more in. Oct 01, 2010 the ascent of money summary chapter 1 dreams of avarice posted on october 1, 2010 by curiousmanager in 2008, british historian niall ferguson published an extremely insightful book on the phenomenon money. Watch previous episodes from this fourpart series online. Enjoy the latest content from your local pbs station.
Niall ferguson documents the rise of modern finance in europe and its expansion into the far east, including the ascendancy of the rothschilds and bond markets, and the. The ascent of money episode 4 planet finance free essays. This is the basic question ferguson tries to answer in the ascent of money. The ascent of money questions about simplest possible hedge. From bullion to bubbles special 56m 27s now showing. List three types of risks and give a brief explanation. But moneys rise has never been a smooth upward ride. A financial history of the world is a 2008 nonfiction book by historian niall ferguson.
This empire was decimated by the spanish lust for gold as the spaniards amassed great stockpiles of gold and silver. If you have a question or comment about the television series, or specifically about the web site, please contact us using the form below. Stock markets built empires and monetary meltdowns made revolutions. As the world continues to struggle to find its footing amid rising unemployment, constricted credit and crumbling banks and industries raising questions about how the economic system collapsed pbs presents niall fergusons ascent of money.
Questions and answers 0 questions there are no questions posted for. Jun 07, 2011 banks financed the renaissance, while the bond market decided wars. For example the idea of fractional reserve is important and central to the power of modern economics. From insurance to hedge funds the ascent of money is a series of documentaries produced by the bbc and pbs based on the harvard economist niall fergussons book the ascent of money, a financial history of the world. Hidden secrets of money mike maloney s1 e1 money vs currency hidden secrets of money episode 1 mike maloney duration. A financial history of the world, by niall ferguson. Press shift question mark to access a list of keyboard shortcuts. Dreams of avarice examples in human history have demonstrated the need for money, and the availability. I knew some of these things from the four pillars of investing, but the ascent of money paints a broader picture. In a broad historical overview of the development of money and the subsequent creation of loans, cash, and power ferguson traces the history of money until the nearpresent day. The future expected payments and the face value will determine its valuation.
The ascent of money dreams of avarice episode 1 youtube. The ascent of money questions about simplest possible. A financial history of the world video from harvard economic historian brit niall ferguson. A financial history of the world is a 2008 book by harvard professor niall ferguson, and an adapted television documentary for channel 4 uk and pbs us, which in 2009 won an international emmy award. The ascent of money provides a good broad outline of the history of the modern global financial system, but does not go deep enough either on the historical origins of financial institutions or the nature of the financial systems themselves. How many shares did john law own in the mississippi company. Use my list to save your favorite shows and videos for later.
The financial history of the world by niall ferguson. The first part of the ascent of money was interesting enough that i plan to watch the other three episodes as. The ascent of money is however a straightforward history, organised by themes currency, stocks, credit, etc. The host of the ascent of money answers your questions. A financial history of the world is a 2008 book by harvard professor. The ascent of money a financial history of the world by niall ferguson. Learn vocabulary, terms, and more with flashcards, games, and other study tools. The first part of the ascent of money was interesting enough that i plan to watch the other three episodes as theyre made available online. In ascent, ferguson leads us on a journey through the realm of money.
The answer, ferguson suggests, may be found in the history of the ascent of money. A mustread for anyone that wants to frame todays economic reality in a broader, and deeper, context. Pbs acsent of money video 1 and 2 summary daniel coumans. In the final episode of fourpart the ascent of money series, niall ferguson chronicles the spread of good and bad financial practices across the globe, the meteoric rise of the american. The ascent of money summary chapter 1 dreams of avarice.
Niall ferguson takes us on a historical adventure through the ascent of money, applying fact and opinion throughout. Nov 01, 2008 the ascent of money is an account of moolah from the incas to the credit crunch and, with it, an argument for the centrality of finance to all elements of human history. Banks financed the renaissance, while the bond market decided wars. From mesopotamia right down to day, the ascent of money has been an indispensable part of the ascent of man, he says, adding. In the first episode of the fourhour series, economist and historian niall ferguson documents the roots of money and finance in the conquest of. Net by niv horesh, faculty of arts and social sciences, university of new south wales.
Niall ferguson takes us on a historical adventure through the ascent of. As its title implies, the book covers the rise of money and financial systems in the west throughout history. Watch the ascent of money season 1, episode 2 part 2. Inevitably for a book which takes its story up to may 2008, the reader will focus on the continuing story of the housing boom, the. With gareth armstrong, niall ferguson, richard lintern. And am i the only one around here fascinated by the history of money. Watch the ascent of money season 1, episode 3 part 3.
The series is based on the book the ascent of money. Oct 01, 2010 of human bondage although less exciting than the later stock market, bond markets have shown very relevant and very powerful. To be honest, though, i felt like the narrative wandered at times. The ascent of money is a sixpart documentary series presented by niall ferguson, examining the long history of money, credit, and banking. In fairness, ferguson recognises that and his pages are hot with proofstage tyremarks, as he goes into violent reverse to escape from under collapsing arguments. What had driven the conquistador francisco pizarro. Apparently, pbs will also be posting each episode online for free. Nov 23, 20 hidden secrets of money mike maloney s1 e1 money vs currency hidden secrets of money episode 1 mike maloney duration.
889 1404 303 1209 1366 330 1399 1378 479 943 986 207 1510 701 138 1171 832 209 1173 851 757 294 1427 1271 686 1385 1610 1631 1071 694 1265 800 1065 324 261 313 222 1203 1156 169 1499 324