Irvin Sha's Reviews > The Ascent of Money: A Financial History of the World

The Ascent of Money by Niall Ferguson
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Irvin Sha The premise of the book was promising - describe the history of the global financial system, where all of the various financial instruments came from, etc. As I read through it, I found there wasn't quite as much connective tissue in between the various time pieces that he constructed, which made the book drag on a bit. I finally put it down after I got to his section on the most recent financial crisis. Having read enough of those books, this one was an absolute mess of unconnected catch phrases ("CDOs!"; "Leverage!"; "Housing!") that made me seriously doubt the intellectual rigor of what was being put down on paper. Maybe I'll finish it at some point, but this book really hasn't been able to do it for me.


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