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.
I love history.
I'd have to, there are quite a bit of information to diggest, so this book might have to be listened to more than once.
This book might be similar to the Basic Economics and/or The Dumb Money, This book touches on the theme of those books.
A little slow, but overall good pace as far as nonfictions go.
This book touches on the theme of Global Finance, past and present, it can be tedius at times, and actually put me to sleep twice, however it contents good information, and is worth reading.
It's a fascinating history well told by Ferguson. The narration, while well done, is a little disconcerting in that the narrator's accent is so different from Ferguson's. I wonder how my impressions would change if the author had narrated it himself.
I really enjoyed this. First off, Niall Ferguson narrates and has a pleasant Scottish accent. He's energetic, and his read is a lot like hearing a well-done lecture.
The material is also timely and he ties the history of debt, leverage, and money into the things that are happening today. It's nice to know this isn't a one-off event, that it is merely an echo, perhaps a larger echo (which might not make physical sense, but you get what I mean) of past events.
I enjoyed listening to this book, and will probably listen to it again in the future. I usually pick up nuances I missed the first time around when I do that, and this is one book it would be easy to do that with.
Easy to understand review of historicaly significant monetary events dating from ancient times to modern day financial crisis. Written just before the full collapse and bailout of 2008/2009. Author did not predict severeity of the great recession/collapse as he was finishing the book in the spring/summer of 2008. Also did not emphasize the credit craze/boom of the 21st century leading to the crash that might have prediccted the coming money crunch.
Rest of book did a good job summarizing other money/credit crisis throughtout the history of the world.
The narrator's voice really gives the story a good cadence. The time-line is good and the author only skipped around to make a historical point when giving background.
The author offers an interesting profile, literally, of the history of money. Tracing its historical 'development
Required too much attention due to the serious British accent going on. I also like to listen to my audiobook in the car through the AM/FM Transmitter and this one was horrible. It was the first book I could not listen to in the car. Haven't got through it due to that.