The West and the Changing World Balance
The Renaissance led to a flurry of new economic activity. Italy, because of its strategic location in the Mediterranean, became one of Europe’s financial hubs. Newfound wealth in places like Florence resulted in an explosion of patronage for the arts. Banking and economics played a critical roll in this revolution.
In the four-hour version of THE ASCENT OF MONEY, historian and author Niall Ferguson seeks to explain the financial history of the world, exploring how our complex system of global finance evolved over the centuries, how money has shaped the course of human affairs and how the mechanics of this economic system work to create seemingly unlimited wealth—or catastrophic loss.