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NIALL FERGUSON Au saver T H E W A R O F of T H E W O R L D THE lift OF MONEY A FINANCIAL account of THE WORLD U.S. $29.95 Canada $33.00 B r e a d , cash, dosh, d o u g h , loot: C a l l it w h a t y o u like, it m a t t e r s . To C h r i s t i a n s , love o f it is the parentage o f all e v i l . To g e n e r a l s , its t h e s i n e w s o f w a r . To r e v o l u ­ tionaries, its the arrange o f labor. B u t i n The Ascent Money, of N i a l l F e r g u s o n s h o w s that finance is i n concomitant t h e f o u n d a t i o n o f h u m a n progress. W h a t s m o r e , h e reveals f i n a n c i a l h i s t o r y as t h e essential b a c k s t o r y b e h i n d all history. T h e e v o l u t i o n o f credit a n d debt w a s as i m p o r ­ tant as a n y t e c h n o l o g i c a l i n n o v a t i o n i n t h e rise o f civilization, from ancient B a b y l o n to the silver m i n e s o f B o l i v i a . B a n k s p r o v i d e d the m a t e r i a l basis for the splendors o f the Italian R e n a i s s a n c e w h i l e the b o n d m a r k e t w a s the decisive factor i n conflicts from t h e S e v e n Years W a r to t h e A m e r i c a n C i v i l W a r .

W i t h t h e c l a r i t y a n d v e r v e for w h i c h h e is k n o w n , Ferguson explains w h y the origins of the French R e v o l u t i o n lie in a stock vocation bubble caused by a convicted Scots murderer. H e shows h o w f i n a n c i a l f a i l u r e t u r n e d A r g e n t i n a from t h e worlds sixth richest c o u n t r y into an inflationr i d d e n basket c a s e a n d h o w a financial r e v o l u t i o n is p r o p e l l i n g t h e w o! r l d s m o s t p o p u l o u s c o u n t r y from p o v e r t y to p o w e r i n a single g e n e r a t i o n . tho t h e m o s t i m p o r t a n t lesson o f t h e financial h i s t o r y is that s o o n e r o r l a t e r e v e r y b u b b l e bursts s o o n e r or later t h e b e a r i s h sellers o u t n u m b e r t h e b u l l i s h b u...If you want to get a full essay, strand it on our website: BestEssayCheap.com

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