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Subjects:
Anthropology, Business Studies, Economics, Finance, History, International Trade |
Grade Level: SrH-Adult
Producer: BBC
Closed Captioned: No |
Running Time: 6x50 mins
Country of Origin: Great Britain
Study Guide: No |
Copyright Date: 2008
Available in French: No
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Professor Niall Ferguson tells the story of money and the rise of global finance. A professor in History and Business Administration at Harvard University, as well as an author of numerous books and a commentator on contemporary politics and economics, he visits key locations as he explains how finance rose to play such a terrifyingly dominant role in all our lives.
Examining the origins of the pillars of the world’s financial system from the 14th Century right up to the present day, he reveals how behind every great historical phenomenon – empires and republics, wars and revolutions – there lies a financial secret. But are you in on the secret? Do you really understand what causes a bank run, an inflationary meltdown or a stock market crash? Can you tell a sub-prime from a prime loan? Only with this historical perspective can you understand the essential truth about finance.
Bringing context and understanding to the current economic crisis, this accessible and timely series explains how the history of finance has been punctuated by gut-wrenching crashes. Each episode shows how a big bang in the ascent of money has changed the course of history, and helps the viewer understand exactly what has been going on in the worldwide money markets which are currently dominating the news headlines worldwide. |