The Cash Nexus - Money and Power in the Modern World 1700-2000
According to conventional wisdom, economic change is the prime mover of political change, whether in the age of industry or 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. This book offers a bold synthesis of political history and economic theory, drawing unsettling conclusions about the future of capitalism and democracy.