在线阅读本书 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. To Christians, love of it is the root of all evil. To generals, its the sinews of war. To revolutionaries, its the chains of labor. But in The Ascent of Money , Niall Ferguson shows that finance is in fact the foundation of human progress. Whats more, he reveals financial history as the essential backstory behind all history. Through Fergusons expert lens familiar historical landmarks appear in a new and sharper financial focus. Suddenly, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the worlds first modern bond market over insolvent Habsburg absolutism. And the origins of the French Revolution are traced back to a stock market bubble caused by a convicted Scot murderer. With the clarity and verve for which he is known, Ferguson elucidates key financial institutions and concepts by showing where they came from. What is money? What do banks do? Whats the difference between a stock and a bond? Why buy insurance or real estate? And what exactly does a hedge fund do? This is history for the present. Ferguson travels to post-Katrina New Orleans to ask why the free market cant provide adequate protection against catastrophe. He delves into the origins of the subprime mortgage crisis. Perhaps most important, The Ascent of Money documents how a new financial revolution is propelling the worlds biggest countries, India and China, from poverty to wealth in the space of a single generationan economic transformation unprecedented in human history. Yet the central lesson of the financial history is that sooner or later every bubble burstssooner or later the bearish sellers outnumber the bullish buyers, sooner or later greed flips into fear. And thats why, whether youre scraping by or rolling in it, theres never been a better time to understand the ascent of money.

"A splendid history.... If Americans want to be convinced of the benefits of empire, as well as apprised of its costs, they need merely pick up Ferguson's dazzling book." -- Weekly Standard The British Empire was the largest in all history: the nearest thing to world domination ever achieved. By the eve of World War II, around a quarter of the world's land surface was under some form of British rule. Yet for today's generation, the British Empire seems a Victorian irrelevance. The time is ripe for a reappraisal, and in Empire , Niall Ferguson boldly recasts the British Empire as one of the world's greatest modernizing forces. An important new work of synthesis and revision, Empire argues that the world we know today is in large measure the product of Britain's Age of Empire. The spread of capitalism, the communications revolution, the notion of humanitarianism, and the institutions of parliamentary democracy-all these can be traced back to the extraordinary expansion of Britain's economy, population, and culture from the seventeenth century until the mid-twentieth. On a vast and vividly colored canvas, Empire shows how the British Empire acted as midwife to modernity. Displaying the originality and rigor that have made him the brightest light among British historians, Ferguson shows that the story of the Empire is pregnant with lessons for today-in particular for the United States as it stands on the brink of a new era of imperial power, based once again on economic and military supremacy. A dazzling tour de force, Empire is a remarkable reappraisal of the prizes and pitfalls of global empire.