A Must Read “Ascent of Money”

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.”

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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

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4 thoughts on “A Must Read “Ascent of Money””

  1. 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

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