Monday, August 31, 2020



SEPTEMBER BOOK


Attention:  We're trying a different location for the September meeting :  Tap & Barrel Shipyards location in North Vancouver (https://www.tapandbarrel.com/locations/).  The address is Tap & Barrel Shipyards, 8 Lonsdale Avenue, North Vancouver (i.e. the foot of Lonsdale Avenue, a short walk from the Seabus terminal).  They have a spacious outdoor patio area which is ideal for social distancing.  Come and join us for one last (?) al fresco summer evening on Tuesday, September 1 at our usual starting time of 7pm.  (And feel free to bring a friend or relative, or even your realtor or accountant.)



         


The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency

In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens.
 
The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America's bankruptcy capital, Memphis, to China's boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.