By Robert Sobel
An epic saga that recounts the turbulent background of cash. The Pursuit of Wealth is an interesting 5,000 yr trip in the course of the evolution of cash and making an investment. From possibility as opposed to go back in Mesopotamia via cutting-edge rough-and-tumble, high-stakes inventory markets, this behind-the-scenes story will intrigue either monetary historians and history-minded traders alike.
Barron's columnist Robert Sobel weaves a richly textured story of threat and the by no means finishing quest for wealth because the sunrise of guy. The Pursuit of Wealth - choked with gripping tales, stories of struggle, and legacies of significant fortunes gained and misplaced - is far greater than easily a compelling learn; it presents necessary insights that may be utilized to contemporary turbulent instances.
Read Online or Download The Pursuit of Wealth - The Incredible Story of Money Throughout The Ages PDF
Best money & monetary policy books
This guide provides an summary of the main coverage concerns for constructing a central authority securities marketplace. It additionally deals a close description of the coverage concerns, together with concerns for implementation. This instruction manual covers such themes because the linkages with cash markets and fiscal coverage operations, rules had to increase an issuing method, debt-management concerns to construct credibility, and the reforms essential to advertise institutional funding.
Ebook via Friedman, Milton
The republication of Suzanne de Brunhoff’s vintage research into Karl Marx’s perception of “the funds commodity” shines mild on commodities and their fetishism. The research of cash because the crystallization of worth in its fabric feel is imperative to how we comprehend capitalism and the way it may be abolished.
Human rights activism is frequently linked to foreign enterprises that try and have an effect on the habit of abusive states worldwide. In Barrancabermeja, Colombia, argues Luis van Isschot within the Social starting place of Human Rights, the fight for rights has emerged extra organically and in the neighborhood, out of a protracted heritage of civil and social organizing.
- Forex Revolution: An Insider's Guide to the Real World of Foreign Exchange Trading
- Paying With Plastic: The Digital Revolution in Buying and Borrowing
- Quantitative Easing and Its Impact in the US, Japan, the UK and Europe
- France and the Politics of European Economic and Monetary Union
- Money/Space: Geographies of Monetary Transformation
- The Road to European Monetary Union: A Political and Economic History
Additional resources for The Pursuit of Wealth - The Incredible Story of Money Throughout The Ages
At the conclusion of Verres's term, most of the cities of the province, acting collectively as plaintiff, sued him for the restitution of 100 million denarii. Fortunately for the Sicilians, they found a politically ambitious and very able advocate named Marcus Tullius Cicero, who, in spite of numerous legal obstacles put in his path by the many friends of Verres, prosecuted him in criminal court for extortion. So overwhelming was the evidence that Verres went into voluntary exile in Marseilles.
The matter of interest arose in the cases of such loans. Usury was condemned by the Church, and lenders trod carefully when it came to such things. Also, the concept of investments in order to obtain profits and wealth was muted. Piratical activity in the Mediterranean increased and commerce declined, and by the seventh century Moslem incursions made travel there perilous. This was the essence of the thesis promulgated by Belgian historian Henri Pirenne in the early twentieth century. Pirenne thought Roman economic institutions were maintained by the Germans until the Moslems effectively closed down the Mediterranean, which cut off Europe from the gold of Africa and compelled the continent to evolve an economy less reliant upon commerce and coinage.
In effect, there came into being a vast trading area that stretched from the Indus River to the British Isles, with strong governments in many places capable of maintaining order and preventing piracy from disrupting commerce. While there were wars and revolts, trade was promoted assiduously. Alexander did not live long enough to see this era of greater commercial and cultural interaction between the West and the East, but it was not long in coming. C. Trade increased substantially among lands bordering on the Red Sea, the Persian Gulf, and India, and in time it would extend as far as China.