![]() ![]() The tools that helped men make even more money or harness their own energies more efficiently were selected for as ‘fittest’ and soon took over the monetary environment.įirst came the invention of money itself, which is not given much attention to, probably because it is too shrouded in the mists of time (and also because the West has no unique claim on it, at any of its stages – even the more advanced forms). He explores how money mutated into new tools/organisms and acquired characteristics that allowed it to meet the needs of its users/demands of its environment better. ![]() Ferguson looks at this evolution of money into the complicated financial ecosystem of today. It is very important to the aims of this book that this metaphor is accepted. The Ascent of Money: A Financial History of the World by Niall Fergusonįerguson contends that today’s financial world is the result of four millennia of economic evolution. ![]()
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