Sunday, January 29, 2017

The Ascent of Money by Niall Ferguson

The Ascent of Money: A Financial History of the WorldThe Ascent of Money: A Financial History of the World by Niall Ferguson
My rating: 3 of 5 stars

Fergeson tried to present a history of currency and monetary policy but he got mired in the history of it, and it seemed to lose focus. Some sort of point or thesis would have given this shape. He ended up tackling a lot of topics and I learned a few things here and there but not as much as if he'd given some direction to his sometimes conservative and sometimes liberal points.

Also, because he was focusing on the "history" aspect of his book it was organized at first in a chronological order by category of "innovation" but then the chronology fell apart with Chapter 6. This was just a little disorientating in an already thesisless tome.

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