Niall Ferguson's The Ascent of Money: Exploring the Evolution of Finance
In this episode, we dive into Niall Ferguson’s The Ascent of Money, offering an analysis of its exploration of the history of finance. We examine key events and concepts, from ancient Mesopotamia to the 2007 financial crisis, focusing on the evolution of money, credit, and financial institutions. Ferguson's work highlights recurring themes such as financial bubbles, busts, and the risks inherent in financial systems. Through the lens of historical events, we discuss how financial markets have been shaped by social, political, and technological developments.