Cranston Public Library

Bestselling author, economist and historian Niall Ferguson takes a look at how money evolved, from the concept of credit and debt in the Renaissance to the emergence of a global economy and the subprime crisis we face today.

Bestselling author, economist and historian Niall Ferguson takes a look at how money evolved, from the concept of credit and debt in the Renaissance to the emergence of a global economy and the subprime crisis we face today.

Episode one: explains how, for the last half of the 20th century, the world moved toward more governmental control of markets -- from the centrally planned economies of the communist world to the "mixed economies" of Europe and the developing world to the United States' regulated capitalism -- and then began to move away from governmental control in the 1980s and 1990s. Discuss two important economists of this era: John Maynard Keynes, who advocated...

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