The Ascent of Money: A Financial History of the World Book by Niall Ferguson

The Ascent of Money by Niall Ferguson is a historical exploration of the evolution of money, banking, and financial systems. The book traces the origins of finance from ancient civilizations to modern global markets, highlighting key developments such as the rise of banking, the bond market, stock exchanges, and the role of financial institutions in shaping world events. Ferguson examines financial crises, the impact of money on empires, and how financial innovations have influenced history. He argues that understanding financial history is crucial to grasping the complexities of today's global economy.