How many episodes of ascent of money are there?
How many episodes of ascent of money are there?
Documentary. The book was adapted into a six-part television documentary with the new full title Ascent of Money: Boom and Bust for Channel 4 in the United Kingdom.
Where can I watch the ascent of money?
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What is Money Niall Ferguson?
Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters.
What is the subject or story of this episode of Ascent of Money?
The Ascent of Money Episode 2: Bonds of War In the second episode of the four-hour series THE ASCENT OF MONEY, economist and historian Niall Ferguson explores John Law and his Louisiana territory Ponzi scheme; bond markets that supported warfare in Europe.
What empire 500 years ago had no real concept of money?
500 years ago, the most powerful society in South America, the Inca Empire, had no real concept of money.
When was the ascent of money published?
November 13, 2008The Ascent of Money: A Financial History of the World / Originally published
What empire 500 years ago had no real concept of money what was the unit of value in this empire?
What is the history of money?
Before money was invented, people bartered for goods and services. It wasn’t until about 5,000 years ago that the Mesopotamian people created the shekel, which is considered the first known form of currency. Gold and silver coins date back to around 650 to 600 B.C. when stamped coins were used to pay armies.
Is the ascent of money a good book?
Incredible book, really well-written and documented. The author drives through century after century from Europe to South America, Asia, covering the origins of finance until today. Crisis, inflation, currencies, everything is in the book. Really worth reading it.
What caused the guardian sisters to relax their grip on the movement of global capital?
With Western bankers desperate to reinvest the money as loans, the guardian sisters relaxed their grip.
What Dutch financial invention attracted the attention of John Law?
Following the War of the Spanish Succession, the countries of Europe, particularly France and Britain, were heavily indebted. John Law invented the bubble in order to help the French government reduce their debt burden.
What did the Scottish financial genius John Law invent?
He had the idea of abolishing minor monopolies and private farming of taxes. He would create a bank for national finance and a state company for commerce, ultimately to exclude all private revenue. This would create a huge monopoly of finance and trade run by the state, and its profits would pay off the national debt.