This book could be named How Money Impacts History or Money is the root of Everything. Niall does a good job of taking the reader through history using many smaller sub stories. There are so many great insights on what money actually is, how it can be used, and how its invention is tied directly to the advancement of the human race.
I would recommend this book to anyone interested in the study of finances, history, or culture.
This book quickly shows you that the real wizard behind the curtain is the world of finance. It explains and exposes why countries failed and succeeded, and how simple financial incentives have changed the course of human history. I would love to listen to this book again to better understand the lessons it has to teach.
The author did a great job in using stories to tell the story of the history of the financial system and the history of economics. Really well written. I enjoyed it.
This is probably not a book that you will want to listen to in one sitting, however, it is a book that you will want to listen to again. There is so much material -- covering numerous economic concepts and such a broad swath of history it is impossible to catch it all the first time through. However, it is also one of those you probably will not want to re-listen too right after you finish it the first time -- you may need a little break from the dense material!
The author did a really good job of making some dense and boring concepts understandable and interesting!
Say something about yourself!
I would not purchase another book from Niall Ferguson.
That he choose to interweave his ideological opinion in a supposed historical narrative. Poor decision.
Not really. His voice has a bit too much bass for an audiobook in my opinion.
Taken out the political/ideological bent from the author, and stopped the book at present time.
The beginning chapters of the book are rather intriguing. However, as soon as the author gets to present time the book goes down hill fast.
dad, husband, just a guy
I've found this to be educational and provides a very good concept of banking and Government economic systems, Bottomline, the captialist or any economic market is not God made and does not act efficiently.
Great understand of economic systems and results of those decisions
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.