80%
The Ascent of Money
Nov 17, 2008 49 min avg S1 E4
Streaming source
Pick the server you want Noctra to load for this title.
Description
tvDocumentary
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.
Episode 4Risky 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.
