Table of Contents
- 1 When was the ascent of money documentary created?
- 2 How long is the ascent of money?
- 3 What empire 500 years ago had no real concept of money what was the unit of value in this empire?
- 4 How long has gold been used as money?
- 5 What is the story of the ascent of money?
- 6 When was the ascent of money on PBS?
When was the ascent of money documentary created?
Notes: The “Ascent of Money,” a two-hour documentary based on the newly-released book, premiered on Tuesday, January 13 on PBS. The film was written and presented by the bestselling author, economist, historian, and Harvard professor Niall Ferguson. To watch the full program, go to PBS online.
How long is the ascent of money?
four-hour
In the four-hour version of THE ASCENT OF MONEY, historian and author Niall Ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved over the centuries, how money has shaped the course of human affairs and how the mechanics of this economic system work to …
What has the ascent of money parallel with?
The Ascent of Money traces the history of money in parallel to the development of civilization, showing how cash is inherently linked to the creation of countries, to the advent and success of wars, to the rise and fall of societies, and to the modern development of banking, finance, and markets.
What is the subject or story of this episode of Ascent of money?
About the Film In THE ASCENT OF MONEY, author, economist and historian Niall Ferguson traces the evolution of money and demonstrates that financial history is the essential back-story behind all history.
What empire 500 years ago had no real concept of money what was the unit of value in this empire?
500 years ago, the most powerful society in South America, the Inca Empire, had no real concept of money.
How long has gold been used as money?
The first official declaration of gold as money came around 600 BC, where King Alyattes of Lydia, an ancient kingdom in modern-day Turkey, oversaw the first recorded mint. An alloy of silver and gold known as electrum was used to create coins, which were stamped with pictures that denoted denominations.
What did the Scottish financial genius John Law invent?
In May 1716 Law set up the Banque Générale Privée (“General Private Bank”), which developed the use of paper money. It was one of only six such banks to have issued paper money, joining Sweden, England, Holland, Venice, and Genoa. The bank was nationalised in December 1718 at Law’s request.
What invention did the Dutch have that influenced the stock market?
The Stock Market As a way to fund East India Company’s long trade-based voyages from the Netherlands, Dutch legislators and businessmen invented the first stock market in 1602.
What is the story of the ascent of money?
The Ascent of Money by Niall Ferguson is the story of how money developed throughout history- and how the world was shaped and reshaped by the many financial innovations that accompanied our dependence on money. There have been countless failures in finance, but the general trend has consistently been upwards.
When was the ascent of money on PBS?
In the United States, an edited two-hour version was aired in January 2009 by PBS . A newer, reorganized four-hour version with the original full title The Ascent of Money: The Financial History of the World was aired in July 2009 by PBS.
What does Niall Ferguson Show in the ascent of money?
To revolutionaries, it’s the chains of labor. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What’s more, he reveals financial history as the essential backstory behind all history.
Which is the final topic in the ascent of money?
The property market is the final topic on the various elements of the financial system. Chapter 5 summarizes how the property market went from being an aristocratic privilege to the dominant form of investment for the middle classes in many Western countries.