Should be a textbook for every American kid to learn about the role of finance in shaping world history and our lives today. Although a little heavy and dry at times, I'd recommend it to anyone with an interest in finance or money as a must read! Also the British narration is delightful...all audiobooks should be read by British accents!
The timing was terrible to write about finance just as the financial system was collapsing. But still an amazing account of finance. Tempered by a certain amount of conservative nievete
This is a non-fiction account of the history of money, from ancient times to the present. The author is a somewhat pedantic historian. The first half of the book or so is a somewhat overly detailed historical account of changes in how money was thought of and used a long time ago. Then the descriptions come to within a few hundred years of the present, the book becomes more interesting, and much of it deals with how large accumulations of money have been a powerful force in allowing significant advances in technology and have benefited society. Unfortunately, the style of the book is somewhat pompous and some of the key economic principles which underlie more modern events in financed are either not explained at all or explained so briefly that I could not grasp them. Finally, he ends up with a comparison of economic institutions with biological evolution, a kind of survival of the fittest theory of economics.
All, in all, a very good book. In some ways I feel that I should reread it, in other ways, I think I should round it out with other economics books. It is probably an excellent book for those who work in the field of economics who may be somewhat lacking in historical perspective.
No problems with the narrator.
I enjoyed this book because it offered a perspective of history that I can use to make better decisions in the future.
Excellent read. interesting analysis of the history of finance up until 2008. Some of the conclusions arrived at are interesting and a little off given the developments that have occurred since the publication of this book.
Highly recommended. Probably should be read in conjunction with Fooled by Randomness. Largely explains how we have got the financial systems we have.
A good history of finance. The author does a good job of using unique stories to demonstrate his overarching theme of how financial cycles have played out across history. The book starts slow and is a bit technical for an audio book. However the pace picks up as he approaches 2008. The book is only improved by hindsight and I wish he could add another chapter to cover the last 7years.
Informative and provocative exploration of money, banks and lending, bonds, stocks, hedge funds, and other ways of transferring, holding, and managing wealth and risk.
This is a well researched history of banking, currency, finance and the politics surrounding international monetary decisions. It explained many historical events from a scholarly perspective.
The sequence of developing financial systems to solve historical problems. Tying the various strings together.
No, but this performance was excellent.
Beware of the guys with the green eyeshades.