As someone who knows practically nothing about finance, stocks, bonds, etc or why the world is in such dire financial straits, I found the second half of this book invaluable. It is clear, concise layman's language with lively discussion. I enjoyed the first half's history lesson even more. It explains why, how, where, and when money started to be used, what was considered money; the evolution of finance through the middle ages, etc. Good book for the non business guy.
Sure, it was an interesting listen. Makes you a bit more aware of all the background of the financial world.
Not really sure if there was a "memorable" part, but the accounts of how leveraged people and cities become in the past and the rates at which returns are given is a bit mind-boggling.
I think there's a continued interest in listening to books like this rather than reading them. Sometimes the concepts on paper don't seem as interesting as someone vocalizing it.
I would recommend this book to a friend with a serious interest in the financial system. The details of some financial crises' are more than a casual listener would care to endure. The origins and uses of money and markets through the 18th century should be interesting to many listeners.
It is not possible to understand Economics without understanding money. This book is a great place to start. And Niall Ferguson makes it interesting too!
I enjoy economics and the history of money gives a great insight to what is happening in the world today.
Any type of investing books, because all investments strive from money and its uses.
I enjoy the first experiments with paper money.
No, enjoy listening in two hour sessions.
Would recommend the book to anyone who enjoys economics.
I enjoyed listening to this book very much! It was an excellent breakdown of the various economic stages the world has gone through. I would listen to it again.
Very enjoyable to listen to. I very much liked the narration by Simon Prebble.
What money meant for different civilizations, religions, and people is astonishing.
The idea of this book is excellent. It gives a good picture on how the need for banking started.
I loved how the author was able to explain not just the types of finance and how they evolved but also in history the triumphs and pit-falls of each type. In great detail he is able to explain why certain events happen the way they did and the impact they had on the world. Especially interesting is how new financial engines are able to make profit, and why the go bust (like the housing bubble of 2007).
No, but I am very ADD and hardly anything will every want me inspire me to sit down especially if its a 10+ hour book. I would listen to this book on my way to and from work each day in roughly 30 minutes blocks and I can tell you that the time flew by.
You have to be okay with at times some dry parts as this is a book on finance, however 85-90% of this book is very interesting. Also you have to be okay with British "odd" pronunciation of words such as hoo-mans for humans, homo-sap-eons for homosapions, and other small vernacular differences.
Explains the various financial tools such as loans, bonds, insurance and how they came about. One gets a good appreciation of why we have money and the various financial institutions.
Something about the narrators voice and style didn't feel good. I have read 3-4 other books and have never felt like this.
The connections of financial history to popular culture of well known literature - Lending of money for interest by jews in "The Merchant of Venice"; The part in Mary Poppins where Mr. Banks' son says "give me back my money!" leading to the bank having to close because of loss of liquidity - are very interesting.
If you are interested or curious about money and don't know where to start, this book is a great place. Also, if you are interested in history, this book is quite thorough in its research and tells a good story.
Provides an introduction to private sector and nation state finance through relevant and interesting historical figures and happenings. Occasionally the historical narrative gets in the way of providing a clear, concise, and overall comprehensive explanation.