The Ascent of Money: A Financial History of the World and over one million other books are available for Amazon Kindle. Learn more
CDN$ 22.39
  • List Price: CDN$ 27.99
  • You Save: CDN$ 5.60 (20%)
FREE Shipping on orders over CDN$ 25.
Temporarily out of stock.
Order now and we'll deliver when available. We'll e-mail you with an estimated delivery date as soon as we have more information. Your account will only be charged when we ship the item.
Ships from and sold by Amazon.ca.
Gift-wrap available.
Quantity:1
The Ascent of Money: A Fi... has been added to your Cart
Have one to sell?
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

The Ascent of Money: A Financial History of the World MP3 CD – Audiobook, MP3 Audio, Unabridged


See all 15 formats and editions Hide other formats and editions
Amazon Price New from Used from
Kindle Edition
"Please retry"
MP3 CD, Audiobook, MP3 Audio, Unabridged
"Please retry"
CDN$ 22.39
CDN$ 22.39 CDN$ 10.00

Best Canadian Books of 2014
Margaret Atwood's stunning new collection of stories, Stone Mattress, is our #1 Canadian pick for 2014. See all

Customers Who Viewed This Item Also Viewed



Product Details

  • MP3 CD
  • Publisher: Tantor Audio; MP3 - Unabridged CD edition (Dec 22 2008)
  • Language: English
  • ISBN-10: 1400160332
  • ISBN-13: 978-1400160334
  • Product Dimensions: 13.5 x 1.5 x 18.8 cm
  • Shipping Weight: 91 g
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (15 customer reviews)
  • Amazon Bestsellers Rank: #151,377 in Books (See Top 100 in Books)

Product Description

Review

"There is an ease to [Ferguson's] prose that leaves this complicated subject interesting to and approachable by any general [listener]." ---Booklist Starred Review

About the Author

Niall Ferguson is the Laurence A. Tisch Professor of History at Harvard University and the bestselling author of Paper and Iron and The House of Rothschild.

One of AudioFile magazine's Golden Voices, Simon Prebble has received over twenty Earphones Awards and five Listen-Up Awards, and he has been a finalist fourteen times for an Audie Award. In 2006, Publishers Weekly named him Narrator of the Year, and he was named Booklist's 2010 Voice of Choice.

Inside This Book (Learn More)
Browse and search another edition of this book.
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
Search inside this book:

What Other Items Do Customers Buy After Viewing This Item?

Customer Reviews

4.4 out of 5 stars
Share your thoughts with other customers

Most helpful customer reviews

41 of 42 people found the following review helpful By Ian Gordon Malcomson HALL OF FAMETOP 50 REVIEWER on Dec 22 2008
Format: Hardcover
As Ferguson points out so clearly in his latest book, "Ascent of Money", money and its propagation have become the chief driving forces of modern history. Like it or not, society's love affair with money has driven it to devise all kinds of ingenious means for expanding its power to produce more. This study looks at a number of fascinating scenarios where the Medicis, the Rothschilds, the Bank of England, the Paris stock exchange, the insurance industry and Wall Street have all done their bit to raise the historical significance of hard cash to a stratospheric level where it is no longer just a tangible piece of paper but is now a universal abstraction called credit. At the heart of the matter is the individual and corporate need to generate economic growth by creating monetary opportunity. Money only circulates effectively in society if people can trust its value as a medium of exchange for goods and services. If production falters, as it is presently, money can quickly devalue. Ferguson goes well beyond looking at the conventional realms of money as a basic specie to analyzing the inflated world of credit instruments such as bonds, debentures, bills of exchange, stocks, swaps, derivatives, mortgages, and credit cards. While money has expanded to include a variety of uses which have encouraged western civilization to modernize in leaps and bounds, it has come with a terrible price: failure to know when to exercise restraint and moderation in the rush to get rich quickly. It is this excessive behaviour in war, peace, and prosperity that compels many to take incredible risks with their own money and that borrowed from traditional sources like banks. Offsetting every optimistic prospect of making money is the ever-present fear that it could be just as easily lost.Read more ›
Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again.
34 of 38 people found the following review helpful By Coach C TOP 500 REVIEWER on Dec 17 2008
Format: Hardcover
The latest book by Harvard professor and popular commentator Niall Ferguson is a historical look at the rise of finance. Ever wonder how the stock market came to be? Exactly how and why did the evolution of credit lead to the rise of civilizations? Could all the world's conflicts be explained by economics? These are the historical questions Ferguson poses and attempts to answer in "The Ascent of Money."

Ferguson's primary purpose for the book is by using economic history to help explain the complexities of modern financial institutions. Why, might you ask is this important? Because the average person knows little to nothing about such simple financial facts such as the interest rate charged by their credit card. Never before, in this globalized, highly coupled world that we live in today, has financial knowledge and a fundamental understanding of financial institutions been more important than it is today. Everyone is affected by world markets, interest rates, and inflation one way or another.

Some reviewers have critiqued the book for its lack of historical breadth, and to some extent I would agree. However, the book is already 350+ pages, and more historical examples would dilute Ferguson's arguments. As ambitious as it is to try to explain such a complicated subject, Ferguson is mostly on the mark. I highly recommend this book for anyone who wants to know more about the history of finance.
Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again.
3 of 3 people found the following review helpful By Jeffrey Swystun TOP 50 REVIEWER on Oct. 26 2010
Format: Paperback
Previous works from Feguson I have read include Empire and The War of the World but it took me two years after The Ascent of Money was published to get to it. Having now experienced the greatest financial crisis since The Great Depression, I was struck by how prescient Ferguson was when he penned and published this work as the extent of the damage was unimaginable. The line, "Perhaps, too, it will be a financial crisis that signals the twilight of American global primacy." produces chills given the now known historical context.

In his foreward he explains, "As I completed my research for this book in the early months of 2008, it was already a distinct possibility that the US economy might suffer a recession. Was this because American companies had gotten worse at designing new products? Had the pace of technological innovation suddenly slackened? No. The proximate cause of the economic uncertainty of 2008 was financial: to be precise, a spasm in the credit markets caused by mounting defaults on a species of debt known euphemistically as subprime mortgages." He provides entertaining (yet scary) observations of the "ubiquity and proximity of both easy credit and easy bankruptcy" in the US.

The book is divided into money and banking, bond and stock markets, insurance, and property. It is highly readable and would be a great substitute to the dry tomes that are often used in secondary and post-secondary economics and finance classes (the accompanying DVD would make another great teaching aid). Ferguson makes a strong argument for his central thesis: "the ascent of money has been essential to the ascent of man" and that we humans are largely woefully ignorant of finance.
Read more ›
Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again.
20 of 23 people found the following review helpful By francoise hardy on March 2 2009
Format: Hardcover
This is an exciting book of adventure and international historical intrigue that kept me reading into the night! I'm serious... and I'm an artist, not a business woman. Ferguson did an excellent job of intertwining our current economic crisis with the financial histories he chose to include in his book. It made his subject more relevant, and unfortunately, more perilous.

As a non-business person I learned so much about financial history and contemporary economics, all in an entertaining format. "The Ascent of Money" is must-reading for these times.
Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again.

Most recent customer reviews



Feedback