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.
This book is packed with information and great for someone with some education in economics. Although he goes through everything thoroughly so a 'laymen' may understand, it may be a bit difficult to follow at times.
Surprisingly interesting, worthwhile
This book enlightened my understanding of so many events in history that I now look at through economic colored glasses. The success of Wellington against Napolean being more due to cash flow than military prowess for example. Or how civilization has progressed more from financial innovation than scientific invention. The narrator was both easy to listen to and understand and his pace is perfect.
The only shortcoming of the book for me was that the history is presented by topic more than chronological order. I found that sometimes confusing and think I would have followed better more of a chronological order were followed (hence one star lost for me).
Nevertheless, overall I highly recommend the book. I definitely I learned things that have made more financially savvy for the future!
I can't get enough of this Book. Easy to understand, amazing background storytelling
I love the narrator,great to listen to.
worth every penny; )
I wish there is part2..After all written in 2008.