Ascent of Money A Financial History of the World (Paperback, 2009) - Softcover

Niall Ferguson is one of Britain's most renowned historians. He is the Laurence A. Tisch Professor of History at Harvard University, a Senior Fellow of the Hoover Institution, Stanford University, and a Visiting Professor at Tsinghua University, Beijing. He has written fourteen books, including The House of Rothschild, Empire, The War of the World, The Ascent of Money, The Great Degeneration and Kissinger, 1923-1968: The Idealist. His many prizes include the Benjamin Franklin Prize for Public Service (2010), the Hayek Prize for Lifetime Achievement (2012) and the Ludwig Erhard Prize for Economic Journalism (2013).

Who knew there was a financial subtext to MARY POPPINS? Niall Ferguson--apparently--who explains that the children's classic makes the important point about banking that a bank's success is based on a fragile faith. And it's that same faith--in coins, in paper, and now in virtual banking--that lets us believe that money exists even though we don't much see it anymore. Written before the current downturn, yet seeming to predict it, the book explains that the popping sound you hear is when the "belief bubble" bursts (and Ferguson profiles some massive bubble makers). Narrator Simon Prebble moves along this metaphysical history of dinero with command, authority, and a BBC accent. His tone and timing add an element of class to the project. It's sort of like sitting in on a really fab Oxford lecture. R.W.S. Winner of AudioFile Earphones Award © AudioFile 2009, Portland, Maine