The Ascent of Money

December 28th, 2008 6 comments link to (permalink) posted by david

One of the surprising things about money is that the people who directly manage it are often tedious, but the subject itself is fascinating. In book form, J.K. Galbraith’s (no relation), ‘Money’ is my favorite, and this documentary comes close to what a film version of that might have looked like.

Obviously, current events make this series particularly important. For the embed, I have picked my favorite part: episode 5, which is about property. For those in denial about what happens with a property crash and zero interest rates, a Tokyo realtor shows us around a Tokyo apt. which was worth 3 times what it is now…a decade ago. The parallel between the UK/US property bubble and Japan is something which I was banging on about on my blog, in mean spirited fashion, before the crash.

Episode 5 of 6: Running Time 48 mins.

All of Niall Ferguson’s excellent 6 part series, the Ascent of Money, can now be viewed on Google.

The Ascent of Money makes it into the Smashing List

Episode 1.
Episode 2.
Episode 3.
Episode 4.
Episode 5.
Episode 6.

Thanks to Karl Hafer

tags: business the smashing list