The Ascent of Money
About the Show
Bringing context and understanding to the current economic crisis, historian Niall Ferguson tells the story of money and the rise - and spectacular falls - of global finance throughout the ages
Series 1 Summary
Professor Niall Ferguson examines the origins of the pillars of the world's financial system, and how behind every great historical phenomenon - empires and republics, wars and revolutions - there lies a financial secret.
In this series, historian Professor Niall Ferguson tackles the story of money and the rise of global finance, arguing that behind every historical phenomenon, there lies a financial secret.
Professor Niall Ferguson explores the ascent of one of the great pillars of the modern financial system: the bond market.
Niall Ferguson shows why human beings have a herding instinct when it comes to investment, and why no one can accurately predict when the bulls might suddenly stampede.
Niall Ferguson travels to New Orleans, post-Hurricane Katrina, to ask why the free market can't provide adequate protection against catastrophe and hardship
Niall Ferguson explains how we got hooked on the idea of a property-owning democracy, and why the unintended consequence of 'securitizing' mortgages was a global financial crisis.
In the final programme Professor Niall Ferguson's final question is: What happens when you globalise Western financial institutions: the banks, bond and stock markets?