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TV series

The Ascent of Money

Latest episode

S1 E6 · Chimerica

About The Ascent of Money

The Ascent of Money is a documentary TV series that premiered on Channel 4 on November 17, 2008. It has 1 season and 6 episodes so far and has ended. The latest episode, Season 1 Episode 6 "Chimerica", aired on December 22, 2008.

Historian Niall Ferguson tells the story of money and the rise of global finance. Bringing context and understanding to the current economic crisis, he reveals how the history of finance has been punctuated by gut-wrenching crashes.

  • Documentary

Last updated

Episodes

6 episodes · 1 season

Season 1

2008 · 6 episodes · Last episode: 17 years ago

The Ascent of Money Season 1 release dates →
  1. The Ascent of Money S1 E6 still E6

    6. Chimerica

    Finale

    Since the 1990s, once risky markets in Asia, Latin America and eastern Europe have become better investments than the UK or US stock market. The explanation is the rise of 'Chimerica', the economic marriage of China and the United States. But does it make sense for poor Chinese savers to lend to rich American spenders?

  2. The Ascent of Money S1 E5 still E5

    5. Safe as Houses

    It sounded so simple: give state-owned assets to the people. After all, what better foundation for a property-owning democracy than a campaign of privatisation encompassing housing? An economic theory says that markets can't function without mortgages, because it's only by borrowing against their assets that entrepreneurs can get their businesses off the ground. But what if mortgages are bundled together and sold off to the highest bidder?

  3. The Ascent of Money S1 E4 still E4

    4. Risky Business

    Life is a risky business – which is why people take out insurance. But faced with an unexpected disaster, the state has to step in. Professor Ferguson travels to post-Katrina New Orleans to ask why the free market can't provide adequate protection against catastrophe. His quest for an answer takes him to the origins of modern insurance in the early 19th century and to the birth of the welfare state in post-war Japan.

  4. The Ascent of Money S1 E3 still E3

    3. Blowing Bubbles

    Why do stock markets produce bubbles and busts? Professor Ferguson goes back to the origins of the joint stock company in Amsterdam and Paris. He draws telling parallels between the current stock market crash and the 18th-century Mississippi Bubble of Scottish financier John Law and the 2001 Enron bankruptcy. He shows why humans have a herd instinct when it comes to investment, and why no one can accurately predict when the bulls might stampede.

  5. The Ascent of Money S1 E2 still E2

    2. Human Bondage

    How did finance become the realm of the masters of the universe? Through the rise of the bond market in Renaissance Italy. With the advent of bonds, war finance was transformed and spread to north-west Europe and across the Atlantic. It was the bond market that made the Rothschilds the richest and most powerful family of the 19th century. And today governments are asking it to bail them out.

  6. The Ascent of Money S1 E1 still E1

    1. Dreams of avarice

    From Shylock's pound of flesh to the loan sharks of Glasgow, from the 'promises to pay' on Babylonian clay tablets to the Medici banking system, Professor Ferguson explains the origins of credit and debt and why credit networks are indispensable to any civilisation.

The Ascent of Money FAQ

Will there be new episodes of The Ascent of Money?

The Ascent of Money has ended, so no new episodes are scheduled. The final episode aired on December 22, 2008.

When did the latest episode of The Ascent of Money come out?

The most recent episode of The Ascent of Money, Season 1 Episode 6 "Chimerica", aired on December 22, 2008.

How many seasons of The Ascent of Money are there?

The Ascent of Money has 1 season with 6 episodes in total.

When did The Ascent of Money first air?

The Ascent of Money first aired on Channel 4 on November 17, 2008.

How do I get notified when new episodes of The Ascent of Money are released?

Download the Streambay app, follow The Ascent of Money, and you'll get a push notification the moment each new episode is released.

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