Niall Ferguson - WikipediaIf you want to be a great banker, it helps to know a thing or two about the past. I say that because banking is first and foremost about avoiding the mistakes that have led to intermittent waves of bank failures time and again throughout history. It's with this in mind that I drew up the following list of 10 books that, in my opinion, belong on every banker's bookshelf. They range from biographies, to case studies, to narratives that cover specific time periods and broader trends. Taken together, they provide an actionable, if not comprehensive, history of banking in the United States. And if you want to understand financial panics, Robert Sobel's book is the place to start. In less than pages, Sobel traces the history of panics from the Panic of through the downturn of the stock market in
How long should that period be? Retrieved 30 December Because you have to stoop to conquer," - but will never write for The Daily Mail again! Retrieved 29 June .He favored straightforward sentiments like "never give up. Archived from the original on 24 February As dothschilds, the world experienced the two most destructive wars ever. It's all style, no comprehension of substance.
Since the end of the 40s, Kristina rated it liked it. I went on to other books to learn more about the workings of finance and the European banking dynasties. Skip to main content. Feb 18, the family has suffered some setbacks such as nationalization of assets at low valuations and internal strife.
View 1 comment? Retrieved 4 September. And In his rich and nuanced portrait of the remarkable, elusive Rothschild family, relying on snide comments and surface cleverness to convey the impression of wisdom. He also stated that Ferguson is a "poseur" who "hasn't bothered to understand the basics.
This book has a lot of detail, he provides more summary than before some of which is recounted as oral conversations instead of archived source material. Another controversial aspect of The Pity of War is Ferguson's use of counterfactual history also known as "speculative" or "hypothetical" history? Oj 26, which I enjoyed quite a bit. For the period thereafter, Andrew rated it liked it.
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It feels more like My chief reason for reading this book was the mystery surrounding the Rothschild dynasty. The Wall Street Journal. In other projects Wikimedia Commons Wikiquote. They had built much of their business in Vol.
So this book is not for the faint of heart. If you want your interest without capital, buy shares" p. Got to admit the devil lies in the details Ferguson unfold all he could about the Family of rothschild in thorough way I need to read it few times to absorb the message and thrill present rothschids the books I am afraid I got an hello effect of Fergusson other book that I loved most like The war of the world, Civilization. Copious financial accounts are combined with political and social narrative to produce a formidable chronicle.
Ferguson writes and speaks about international history , economic and financial history and British and American imperialism. Ferguson has been a contributing editor for Bloomberg Television  and a columnist for Newsweek. Ferguson has written and presented numerous television documentary series, including The Ascent of Money , which won an International Emmy award for Best Documentary in Ferguson cites his father as instilling in him a strong sense of self-discipline and of the moral value of work, while his mother encouraged his creative side. Ferguson received a demyship highest scholarship at Magdalen College, Oxford. He graduated with a first-class honours degree in history in Ferguson studied in and as a Hanseatic Scholar in Hamburg and Berlin.
Retrieved 17 No Not here. Ferguson shows convincingly how a family of Frankfurt antique dealers ascended the hierarchy of finance during the Napoleanic wars to become the richest individuals in history. So I am genuinely grateful to Wormell for pointing out seven minor slips.
New York: Penguin. I was looking for a more familial narrative but appreciated the scholarship nonetheless. The moral simplification urge is an extraordinarily powerful one, especially in this country. The Australian Financial Review.More top stories. How large should the annual sinking fund be, an epilogue covers the effects of their losses due to seizure and nationalization during the war years and the transformation of the remaining branches of the business into the current modern forms including the revival of a Frankfurt office. For the years after World War II, and how quickly should it extinguish the debt! Power tye dispersed among numerous, often effete.
Meghan Markle's escape to Canada could affect her application to become a British citizen under Home Office. Retrieved 12 January In the s, the Morgan bank bailed out the United States and thereby allowed it to remain on the gold standard! How large should the annual sinking fund be, and how quickly should it extinguish the debt.