The last few lines of Niall Ferguson’s book “The Ascent of Money” were a “perfect” ending and good way to start a recommendation.
financial markets … are the mirror of mankind …
It is not the fault of the mirror if it reflects our blemishes as clearly as our beauty.”
More Reviews
- The Ascent of Money, By Niall Ferguson, Reviewed by Hamish McRae, The Independent
- It’s Still Making the World Go ’Round » New York Times
Pronouncing Niall
One of the benefits of listening to books is hearing the correct pronunciation. Niall’s name is pronounced like Neil, not like the river Nile. The Ascent of Money: A Financial History of the World » Niall Ferguson @ Audible.com




April 4, 2009 at 9:39 am
I can’t resist adding:
Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism.”
— Karl Marx, 1867, Das Kapital
April 5, 2009 at 1:28 pm
good one.
April 6, 2009 at 6:09 am
ERic,
That supposed Marx quote is a hoax that has been repeatedly debunked. See:
The Atlantic
http://meganmcardle.theatlantic.com/archives/2009/01/faux_marx.php
International Herald Tribune
http://www.iht.com/articles/2009/02/25/business/col26.1-437515.php
http://www.hoax-slayer.com/karl-marx-quote.shtml
http://clockbackward.wordpress.com/2009/02/04/did-karl-marx-predict-financial-collapse/
April 15, 2009 at 12:51 am
Not that I’m totally impressed, but this is a lot more than I expected for when I found a link on Digg telling that the info is quite decent. Thanks.