As with fergusons three previous documentary efforts, the ascent of money sometimes feels as if it were laid out like a shooting script. Pbs acsent of money video 1 and 2 summary daniel coumans. Ferguson begins by asking the reader to imagine a world with no money, presenting such a scenario as the reality for primitive peoples of the past and as the. Access a free summary of the ascent of money, by niall ferguson and 20,000 other business, leadership and nonfiction books on getabstract. Are you using internet explorer perhaps change your browser. Virtual money the electronic money we transfer place to place via computer takes paper money a step further. Jun 07, 2011 banks financed the renaissance, while the bond market decided wars. Todays money, of course, consists of promissory notes made out of paper, a material which is basically worthless. The ascent of money by niall ferguson traces the history of currency as it relates to the history of civilization, while the great inflation and its aftermath by robert samuelson looks at federal policies in relation. Dreams of avarice from shylocks pound of flesh to the loan sharks of glasgow, from the promises to pay on babylonian clay tablets to. However, the only societies that existed without money were singularly illequipped to survive. 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. This is the first documentary to tackle this issue from a.
The financial documentary examines the long history of money, credit, and banking, along with the benefits and problems various systems have produced. Niall ferguson looks at the history of moneylending, bond markets and the stock market. That is, virtual money is intangible to the point of abstraction. Money did not always exist, but it changed the human being, who from hunter became a financial participant. Aug 11, 2012 9 documentaries thatll change how you think of money, investing. I hope that, for those of you baffled or at least somewhat disconcerted by what. Use this background music for videos, youtube, etc. The financial history of the world 2009 starring niall ferguson and george soros on dvd and bluray. Well, in the ascent of money, film maker niall ferguson doesnt target such straw men. One example is an unfolding revelation in a documentary. Beginning tonight, public television stations in the united states will broadcast a fourpart series from economist and historian niall ferguson, the ascent of money.
The purpose of this series is to explain basic ideas in economics by describing the. The film was written and presented by the bestselling author, economist, historian, and harvard professor niall ferguson. Two recent books take a look at the historical development of money and federal policy in the united states. Huntergatherer cultures lacked money and had remarkably high rates of violent deaths. Mar 26, 2020 in the ascent of money, niall ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved, 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.
Niall ferguson follows the money to tell the human story behind the evolution of our financial system, from its genesis in ancient mesopotamia to the latest upheavals on what he calls planet finance. A financial history of the world has been adapted into an award winning television documentary which aired on channel 4 and pbs. Ferguson begins by asking the reader to imagine a world with no money, presenting such a scenario as. The ascent of money a financial history of the world. The ascent of money part 1 full documentary youtube. Historian niall ferguson explores the history and evolution of finance and money through the centuries, explaining its mechanics and how it. The ascent of money part 1 full documentary w g publishing. The money masters is a 1996 documentary film that discusses the concepts of money, debt, taxes, and describes their development from biblical times onward. The purpose of this series is to explain basic ideas in economics by describing the historical roots of the modern economy. Idealists beginning with karl marx have excoriated money and the cash nexus that they believe threatens human relationships.
Professor ferguson explains the origins of credit and debt and why credit networks are indispensable to any civilization. The ascent of money by niall ferguson overdrive rakuten. The ascent of money, a twohour documentary based on the newlyreleased book, premiered on tuesday, january on pbs. View notes pbs acsent of money video 1 and 2 summary daniel coumans1. This is the basic question ferguson tries to answer in the ascent of money. Planet financein 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 real estate market, and the consequences of. During the first episode of the ascent of money from bullion to bubbles, host niall ferguson provides a compelling. Nov 12, 2019 beginning tonight, public television stations in the united states will broadcast a fourpart series from economist and historian niall ferguson, the ascent of money.
From ancient mesopotamia right down to presentday london, the ascent of money has been an indispensable part of the ascent of man. For millions of people, the global economic collapse has generated curiosity about how money systems actually work, as opposed to how theyre portrayed, especially when so many financial pundits seem to be baffled. Author, economist and historian niall ferguson traces the evolution of money and demonstrates that financial history is the essential backstory behind all. A richly original look at the origins of money and how it makes the world go round.
Dec 28, 2008 as with fergusons three previous documentary efforts, the ascent of money sometimes feels as if it were laid out like a shooting script. Dreams of avarice 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. Nov, 2007 the book is titled the ascent of money, but its not about the ascent of money. Niall ferguson takes us on a historical adventure through the ascent of money, applying fact and opinion throughout. In the ascent of money, economist niall ferguson works through some history that created todays money system, visiting the locations where key events took place and poring over. In the ascent of money, niall ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved, 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. One week before president barack obamas official swearing in ceremony, public media provider puts the meaning of money into context by speaking with bestselling author, historian. As its title implies, the book covers the rise of money and financial systems in the west throughout history. In the ascent of money, niall ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved, how money has shaped the course of human affairs and how the mechanics of this economic system work to create seemingly unlimited wealth or. 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.
The ascent of money is an attempt to provide context for this crisis. Its about the path of money, with the assumption that from the origin of the books historical perspective, money has been the bedrock of civilization. In the ascent of money, niall ferguson seeks to explain the financial history of the. It was adapted into a television documentary for channel 4 uk and pbs us. The ascent of money pdf summary why money has value. Jul 26, 2017 for millions of people, the global economic collapse has generated curiosity about how money systems actually work, as opposed to how theyre portrayed, especially when so many financial pundits seem to be baffled. 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. The series charts the financial history of the world, highlighting the effect that finance had on some of the biggest events in history. This is an expanded version of a documentary that first aired in january. Over the years, harvard professor niall ferguson has repeatedly distinguished himself with his detailed, yet riveting, analyses of financial history.
His many other prizes and awards include the benjamin franklin prize for public service, the hayek prize for lifetime achievement, and the ludwig erhard prize for economic journalism. But moneys rise has never been a smooth upward ride. It provides an essential lens for the understanding of political events, which are usually hugely influenced by financial considerations, even if these factors later escape historians who are seduced by personalities and battles. 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. The ascent of money series 1 4of4 planet finance video. The ascent of money 2009 watch free documentaries online. The financial history of the world is harvard professor niall fergusons tenth book, published in 2008, and an adapted television documentary for channel 4 uk and pbs us. Documentaries that will make you smarter about money. 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 ascent of money dreams of avarice episode 1 documentary.
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. Mysterious music is something subtle with a hint of suspense, or with a twist of unknown horror. Dreams of avarice chapter 1 tells the story of the rise of money and moneylending, along with the history of the banking system. This is the ascent of money by miguel aldama on vimeo, the home for high quality videos and the people who love them. In the ascent of money, economist niall ferguson works through some.
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. The author expands on the power of the developed nations against the other smaller nations, focusing on. A financial history of the world by niall ferguson epsd 1 5 full documentary. In the ascent of money, economist niall ferguson works through some history that created todays money system, visiting the locations where key events took place and poring over actual ledgers and documents, such as the first publicly traded share of a company. Stock markets built empires and monetary meltdowns made revolutions. In the ascent of money, economist niall ferguson works through some history that created. From shylocks pound of flesh to the loan sharks of glasgow, from the promises. Not everyone likes our moneybased system and those with socialist ideas think there are other better systems. The ascent of money documentary history of money, credit. The ascent of money watch documentary online for free. The book is titled the ascent of money, but its not about the ascent of money. A financial history of the world is a 2008 nonfiction book by historian niall ferguson. It examines the long history of money, credit, and banking.
The ascent of money by niall ferguson pepperdine university. Through interviews with top experts, such as former federal reserve chairman paul volcker and american currency speculator george soros. Niall ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient mesopotamia to the latest upheavals on what he calls planet finance. Theres no ascendancy, because there is nothing for it to compete with, in the authors telling. 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.
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