The Ascent of Money

In this four part video series Economist and historian Niall Ferguson traces the evolution of money and demonstrates that financial history is the essential back-story behind it all.





The Ascent of Money Part 1: From Billion to Bubbles

Economist and historian Niall Ferguson examines the current global financial crisis in the context of the financial history of the West, Topics in this episode include: the beginnings of moneylending, stocks, bonds and credit.

The Ascent of Money Part 2: Bonds of War

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 decline of Europe's landed aristocracy.

Video Link:
http://video.pbs.org/video/1170857928/program/1155680272#



The Ascent of Money Part 3: Risky Business

The roots of the insurance industry in Europe; disasters like Hurricane Katrina expose problems in risk management; the history of hedge funds.

Video Link:
http://video.pbs.org/video/1173188365/program/1155680272#



The Ascent of Money Part 4: Planet Finance

Niall Ferguson chronicles the spread of good -- and bad -- financial practices across the globe, and the consequences for all of us.

Video Link:
http://video.pbs.org/video/1174144492/program/1155680272#