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  • The Ascent of Money

  • A Financial History of the World
  • By: Niall Ferguson
  • Narrated by: Simon Prebble
  • Length: 11 hrs and 27 mins
  • 4.1 out of 5 stars (3,331 ratings)

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The Ascent of Money

By: Niall Ferguson
Narrated by: Simon Prebble
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Editorial reviews

The Ascent of Money is a fast-paced, superbly written, and richly informative excursion through tableaus, themes, scenes, and events that mark the financial history of the world. Included are substantial details on the fiscal meltdown in progress in May 2008, before the book went to press, adding a 21st century variation on the theme of financial collapses detailed in The Ascent of Money. Niall Ferguson has written an exciting panorama of finance that is also very much a book for our times. This is history as global financial drama, of advancing financial development, and the always recurring back stories of financial decline and debacle. It is a book orchestrated as much as written. The Ascent of Money demands a narrator with the range of talents necessary for bringing to voice the rich orchestration of Ferguson's prose. Enter, stage right, Simon Prebble.

With his rich, versatile, and expressive British tenor voice (and his 300+ unabridged narrations in a variety of genres), Prebble is Ascent's perfect narrator. From the first sentence of the Introduction "Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: call it what you like, money matters." to the last sentence of the Afterword "It is not the fault of the mirror if it reflects our blemishes as clearly as our beauty." Prebble delivers the authentic voice of this financial history. Applying here an altered nuance of phrasing, there the shortest of a shift of timing and slant of intonation, and everywhere present the voice's active tonal center, Prebble drives Ferguson's historical narrative forward. In a print book the reading eye catches, and the mind registers - at places only subliminally - meanings that are too subtle to be directly communicated. By his command and application of stored registries of articulation, expression, and ranges of emotion, Prebble clearly shows that he belongs with the best of narrators who can tap into and reflect and suggest the visual acuity that registers in the mind when reading and narrating. David Chasey

Publisher's summary

Niall Ferguson follows the money to tell the human story behind the evolution of finance, from its origins in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance.

Bread, cash, dosh, dough, loot, lucre, moolah, readies, the wherewithal: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labor. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential back story behind all history.

Through Ferguson's expert lens familiar historical landmarks appear in a new and sharper financial focus. Suddenly, the civilization of the Renaissance looks very different: a boom in the market for art and architecture made possible when Italian bankers adopted Arabic mathematics. The rise of the Dutch republic is reinterpreted as the triumph of the world's first modern bond market over insolvent Habsburg absolutism. And the origins of the French Revolution are traced back to a stock market bubble caused by a convicted Scot murderer.

©2008 Niall Ferguson (P)2008 Tantor

What listeners say about The Ascent of Money

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  • Overall
    4 out of 5 stars
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    4 out of 5 stars

Interesting history and future of money

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.

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    5 out of 5 stars
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how history should be written

took me a year to finish, reading (listening) off and on. the history is well laid out, and the book has provided many more opportunities for me to research other topics. i will read this again

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  • Overall
    4 out of 5 stars
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    4 out of 5 stars

Tidbits of history!

I gave it four star because of the research, the content itself is not that interesting, I liked the few stories of scandals but the rest is just stuff most people dealing in financial sector already know.

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  • Overall
    3 out of 5 stars
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    3 out of 5 stars

decent

he gives the top bad actors in finance a pass but still a decent history book.

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Excellent

I listened why I run and it is a wonderful masterpiece and explanation of the beginning of money.

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    5 out of 5 stars
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Great overview of Finance and Money

Loved it.. High level overview of the history of money and finance, but also detailed enough to get into specific individuals, processes, and financial instruments.

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  • Overall
    5 out of 5 stars

A worthy use of a credit

This book is timely and packed with information. The author puts our current "situation" in a historical context that proves very illuminating. I will be re-listening to the whole thing.

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9 people found this helpful

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    3 out of 5 stars

A must read for anyone interested Money

Any additional comments?

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.

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    5 out of 5 stars
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teaching moments

I learned much from this book! even with a graduate degree in finance, Ferguson helped me pull together many concepts and provided an integrated understanding.

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Fresh Perspective

Would you listen to The Ascent of Money again? Why?

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.

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