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Quote by Niall Ferguson

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The Ascent of Money: A Financial History of the World

This comprehensive book delves into the development of financial systems, from ancient civilizations to the modern era, examining the role of money in shaping societies and economies. more

Author

Niall Ferguson
Niall Ferguson

Niall Ferguson is a prominent historian specializing in the history of the British Empire, financial history, and global history since 1800. He has authored numerous books and held academic positions at Harvard University and the University of Oxford. more

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“If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.”

IfsHumansWellsHuman BeingsEmotionalProductsRootsFinancialTendenciesSwingsDefectsExuberanceAmplifyFinancial SystemVolatilityDeep Depression
Author:Niall Ferguson
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“Sometimes the most important thing in a whole day is the rest we take between two deep breaths, or the turning inwards in prayer for five short minutes.”

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Book:Etty: The Letters and Diaries of Etty Hillesum, 1941-1943
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