Long have I regarded the economy as a fickle, fictitious construct of humanity. If we disappeared, it would disappear (although its effects on the environment would remain). However, that's a very naive view to take, and not a particularly helpful one. So I set out to learn more about the economy the way we're told to learn about things in school: begin at the beginning. The Ascent of Money is an attempt to recount the…
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You know what makes counterfactual fiction work? It’s fiction. Counterfactual history is just an exercise bound to end in tears.
So many histories of the British Empire, and with good reason—it was, in its time, quite a big deal. Many histories of the UK focus on the British Isles, on the monarchs and shenanigans happening in the succession. And that’s all very fascinating, but it’s not what Niall Ferguson wants to talk about here. …