The Cash Nexus
Money and Power in the Modern World, 1700-2000
Contributors
Buy from Other Retailers:
- On Sale
- Feb 21, 2002
- Page Count
- 576 pages
- Publisher
- Basic Books
- ISBN-13
- 9780465023264
“The Cash Nexus offers an important corrective to the naïve story of economic growth.” –New York Review of Books
According to conventional wisdom, economic change is the prime mover of political change, whether in the age of industry of the Internet. But is it? Acclaimed historian Niall Ferguson sets out to re-examine the nexus between economics and politics. His central argument is that political violence – in particular, war – has been the driver of financial innovation and economic development. The Cash Nexus offers a bold synthesis of political history and economic theory, drawing unsettling conclusions about the future of capitalism and democracy.
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“Ferguson is one of the most technically accomplished historians writing today… The Cash Nexus offers an important corrective to the naïve story of economic growth.”New York Review of Books
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“Original, creative… deeply researched.”Wall Street Journal
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“Throughout this outstanding book, Ferguson’s scholarly standards are impeccable.”Independent
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“A sweeping survey of the financial affairs of nations states.”Washington Post
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“An erudite and noble effort.”New York Times
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“With a practiced eye, Ferguson takes aim at the claim that economics decides the course of history; that democracy brings wealth and peace; that Britain and America were undone by imperial overstretch; and that today’s world is governed by finances markets. Each of these large claims is shot down with elegance and skill, backed up with wide erudition. Almost every chapter has its own delights.”Economist
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“Ferguson carries the reader through with his lucid writing and a knack for counterintuitive, even outrageous, argument.”Time
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“A phenomenon in the making.”National Review
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“Ferguson writes with great force and clarity… It is not often that a history of finance becomes a gripping yarn.”History Today
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“The Cash Nexus is something new on the menu.”Daily Telegraph (UK)
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“Ferguson brings the vital statistic and the telling quote to bear on the worn and hackneyed understandings of what has formed our age.”The Scotsman (UK)
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“Ferguson is attempting to provide not a sufficient explanation of the modern world, but a necessary one.”Irish Times (UK)
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“Ferguson continues to challenge conventional wisdom… The book is lucidly argued.”Publishers Weekly (Starred)
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“A stimulating, well-documented outpouring of controversial ideas.”Kirkus
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“Ferguson pulls together a boggling array of data and historical references to reach provocative conclusions.”Booklist
