In fairness, ferguson recognises that and his pages are hot with proofstage tyremarks, as he goes into violent reverse to escape from under collapsing arguments. Episode 2 human bondage this episode examines the history of the bond market from the rise of the bond market in renaissance italy to. A financial history of the world, historian niall ferguson argues that money, in its many forms, is the root of most human progress. From insurance to hedge funds the ascent of money is a series of documentaries produced by the bbc and pbs based on the harvard economist niall fergussons book the ascent of money, a financial history of the world. Press shift question mark to access a list of keyboard shortcuts. Of human bondage although less exciting than the later stock market, bond markets have shown very relevant and very powerful. Episode 1 dreams of avarice niall ferguson explains the origins of credit and debt and why credit networks are indispensable to any civilization. Bonds of war niall ferguson on john law and his louisiana territory ponzi scheme.
A financial history of the world is a 2008 book by harvard professor niall ferguson, and an adapted television documentary for channel 4 uk and pbs us, which in 2009 won an international emmy award. The ascent of money documentary film october 21, 2017documentary film. How many shares did john law own in the mississippi company. In the final episode of fourpart the ascent of money series, niall ferguson chronicles the spread of good and bad financial practices across the globe, the meteoric rise of the american. The ascent of money human bondage episode 2 youtube. Niall ferguson documents the rise of modern finance in europe and its expansion into the far east, including the ascenda.
In the ascent of money, economist niall ferguson works through some history that created todays money system, visiting the locations where key events took place and poring over. The future expected payments and the face value will determine its valuation. His books include paper and iron, the house of rothschild, the pity of war, the cash nexus, empire, colossus and the war of the world. Ascent of money chapter 2 terms flashcards quizlet. The host of the ascent of money answers your questions. Niall ferguson on john law and his louisiana territory ponzi scheme. Investments where an investor loans money to an entity that borrows the money for a time and then pays it back with a fixed interest rate. Watch previous episodes from this fourpart series online. Through the rise of the bond market in renaissance italy. The ascent of money watch the fourhour documentary. In the second episode of the fourhour series the ascent of money,economist and historian niall ferguson explores john law and his louisiana territory ponzi scheme that wrecked the economy of 18th century france. For millions of people, the global economic collapse has generated curiosity about how money systems actually work, as opposed to how theyre portrayed, especially when so many financial pundits seem to be baffled. Bonds of war tv episode 2009 cast and crew credits, including actors, actresses, directors, writers and more.
In risky business, episode three of the fourpart the ascent of money, economist and historian niall ferguson examines the roots of the insurance industry in europe. Access a free summary of the ascent of money, by niall ferguson and 20,000 other business, leadership and nonfiction books on getabstract. In the second episode of the fourhour series the ascent of money, economist and historian niall ferguson explores john law and his louisiana territory ponzi scheme. In the second episode of the fourhour series the ascent of money, economist and historian niall ferguson explores john law and his louisiana territory ponzi scheme that wrecked the economy of 18th century france. In the fourhour version of the ascent of money, historian and author niall ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved over the centuries, how money has shaped the course of human affairs and how the mechanics of this economic system work to create seemingly unlimited wealth or catastrophic loss. A financial history of the world is a 2008 nonfiction book by historian niall ferguson. The purpose of this series is to explain basic ideas in economics.
Episode 1 episode 2 episode 3 episode 4 episode 5 episode 6. A financial history of the world by niall ferguson epsd 1 5 full documentary. Bonds of war special 55m 41s niall ferguson on john law and his louisiana territory ponzi scheme. Memorable quotes and exchanges from movies, tv series and more. The answer, ferguson suggests, may be found in the history of the ascent of money. Tried to sell war bonds to the rothschilds but were refused because they were a breakaway nation, making it a risky invest. The ascent of money summary chapter 2 of human bondage. How did finance become the realm of the masters of the universe. It was the bond market that made the rothschilds family the richest and most powerful family of the 19th century. Niall ferguson documents the rise of modern finance in europe and its expansion into the far east, including the ascendancy of the rothschilds and bond markets, and the. It examines the long history of money, credit, and banking. In the second episode of the fourhour series the ascent. The very title of his book, the ascent of money, is a screaming sell signal, like the shoeshine boys trading stock tips at the door to grand central station in new york in 1929. The questions are listed in the order they appear in the film.
States issue large bonds, often at a 510 or longer, at a fixed interest rate. Ferguson argues that some aspect of finance lies behind all great events in history and that financial innovation has been as. With the advent of bonds, war finance was transformed and spread to northwest europe and across the atlantic. The ascent of money is a series of documentaries produced by the bbc and pbs based on the harvard economist niall fergussons book the ascent of money, a financial history of the world. The ascent of money part 1 full documentary youtube. Watch the ascent of money season 1, episode 2 part 2. As its title implies, the book covers the rise of money and financial systems in the west throughout history. Although less exciting than the later stock market, bond markets have shown very relevant and very powerful. Rise of the bond market the ascent of money is a series of documentaries produced by the bbc and pbs based on the harvard economist niall fergussons book the ascent of money, a financial history of the world. Learn vocabulary, terms, and more with flashcards, games, and other study tools.