The Cash Nexus: Money and Power in the Modern World, 1700-2000

Niall Ferguson challenges the conventional belief that economic change drives political power in "The Cash Nexus." Instead, he argues that impulses like sex, violence, and power often overshadow money in shaping history. Examining the interplay between economics and politics from 1700 to 2000, Ferguson shows that political institutions frequently dominate economic development. This bold synthesis of political history and economic theory offers fresh insights into capitalism, democracy, and the forces that have shaped the modern world, urging readers to reconsider the true drivers of historical change.