Civilization

Bread, cash, dosh, dough, loot: Call it what you like, it matters. To Christians, love of it is the root of all evil. To generals, it's the sinews of war. To revolutionaries, it's the chains of labour. But in The Ascent of Money, Niall Ferguson shows that finance is in fact the foundation of human progress. What's more, he reveals financial history as the essential back-story behind all history.

The world at the beginning of the 20th century seemed for most of its inhabitants stable and relatively benign. Globalising, booming economies married to technological breakthroughs seemed to promise a better world for most people. Instead the 20th century proved to be overwhelmingly the most violent, frightening and brutalised in history, with fanatical, often genocidal warfare engulfing most societies between the outbreak of the First World War and the end of the Cold War. What went wrong?

Once vast swathes of the globe were coloured imperial red, and Britannia ruled not just the waves but the prairies of America, the plains of Asia, the jungles of Africa and the deserts of Arabia. Just how did a small, rainy island in the North Atlantic achieve all this? And why did the empire on which the sun literally never set finally decline and fall? Niall Ferguson's acclaimed Empire brilliantly unfolds the imperial story in all its splendours and its miseries.

What if everything we thought we knew about history was wrong? From the global best-selling author of Empire, The Ascent of Money and Civilization, this is a whole new way of looking at the world. Most history is hierarchical: it's about popes, presidents, and prime ministers. But what if that's simply because they create the historical archives? What if we are missing equally powerful but less visible networks-leaving them to the conspiracy theorists, with their dreams of all-powerful Illuminati?

Ferguson's most revolutionary and popular work, this is a major reinterpretation of the British Empire as one of the world's greatest modernising forces. Based on the Channel Four series that will be aired simultaneously with the book, it shows on a vast canvas how the British Empire in the 19th century spearheaded real globalisation with steampower, telegraphs, guns, engineers, missionaries, and millions of settlers.

In The Pity of War, Niall Ferguson makes a simple and provocative argument: that the human atrocity known as the Great War was entirely England's fault. Britain, according to Ferguson, entered into war based on nave assumptions of German aims-and England's entry into the war transformed a Continental conflict into a world war, which they then badly mishandled, necessitating American involvement.

Penguin presents the audiobook edition of Kissinger: The Idealist by Niall Ferguson, read by Roy McMillan. No American statesman has been as revered and as reviled as Henry Kissinger. Hailed by some as the 'indispensable man' whose advice has been sought by every president from John F. Kennedy to George W. Bush, Kissinger has also attracted immense hostility from critics who have cast him as an amoral Machiavellian - the ultimate cold-blooded 'realist'.

This updated edition of Inside the House of Money lifts the veil on the typically opaque world of hedge funds, offering a rare glimpse at how today's highest paid money managers approach their craft. Now with new commentary, author Steve Drobny takes you even further into the hedge fund industry. He demystifies how these star traders make billions for their well-heeled investors, revealing their theories, strategies and approaches to markets.

As Germany and then Japan surrendered in 1945, there was a tremendous hope that a new and much better world could be created from the moral and physical ruins of the conflict. Instead, the combination of the huge power of the USA and USSR and the near-total collapse of most of their rivals created a unique, grim new environment: the Cold War. For over 40 years the demands of the Cold War shaped the life of almost all of us. There was no part of the world where East and West did not ultimately demand a blind and absolute allegiance.

Penguin presents the audiobook edition of Churchill by Andrew Roberts, read by Stephen Thorne. Winston Churchill towers over every other figure in 20th-century British history. By the time of his death at the age of 90 in 1965, many thought him to be the greatest man in the world. There have been over a thousand previous biographies of Churchill. Andrew Roberts now draws on over 40 new sources, including the private diaries of King George VI, used in no previous Churchill biography, to depict him more intimately and persuasively than any of its predecessors.

In 2014, Francis Fukuyama wrote that American institutions were in decay, as the state was progressively captured by powerful interest groups. Two years later, his predictions were borne out by the rise to power of a series of political outsiders whose economic nationalism and authoritarian tendencies threatened to destabilize the entire international order. These populist nationalists seek direct charismatic connection to “the people”, who are usually defined in narrow identity terms that offer an irresistible call to an in-group and exclude large parts of the population as a whole.

In this devastating critique of the mindset behind the failed social policies of the past thirty years, Thomas Sowell sees what has happened not as a series of isolated mistakes, but as a logical consequence of a vision whose defects have led to disasters in education, crime, family disintegration, and more.

Discrimination and Disparities challenges believers in such one-factor explanations of economic outcome differences as discrimination, exploitation, or genetics. It is listenable enough for people with no prior knowledge of economics. Yet the empirical evidence with which it backs up its analysis spans the globe and challenges beliefs across the ideological spectrum.

Virtually all human societies were once organized tribally, yet over time most developed new political institutions which included a central state that could keep the peace and uniform laws that applied to all citizens. Some went on to create governments that were accountable to their constituents. We take these institutions for granted, but they are absent or are unable to perform in many of today’s developing countries—with often disastrous consequences for the rest of the world.

New from the number-one Sunday Times best-selling author of Prisoners of Geography. We feel more divided than ever. This riveting analysis tells you why. Walls are going up. Nationalism and identity politics are on the rise once more. Thousands of miles of fences and barriers have been erected in the past 10 years, and they are redefining our political landscape.