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.
Risky Business: 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.
Chimerica: 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?
The Ascent of Money synopsis
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 agesEpisode Guide >