The Ascent of Money & Pope Calls for UN with Teeth

[Bill Mattocks]

I think these have a fascinating relationship with each other. You be the judge.

http://reason.org/blog/show/a-review-of-niall-fergusons-pb

Did you know the bond market in Europe was a significant factor in deciding the outcome of the Battle of Waterloo? The historic defeat of Napoleon that set the tone for European politics in the 19th Century might have ended up much different without bond traders assisting the Prussian army by betting on and financing the Duke of Wellington's assault on French forces. Harvard professor Niall Ferguson believes it was the deciding factor, and makes his case in a PBS special this month, The Ascent of Money: A financial history of the world.
The four part series of hour long excursions through financial history is based on the best selling book by the same name. Airing on your local PBS station July 8, 15, 22, and 29, Ferguson explains how he believes money has grown to play a "terrifying dominant role in all our lives." Recognizing the power of money isn't a new concept. But Ferguson's thesis, that financial history is the "essential back story of all history", is more novel.

And...

http://news.bbc.co.uk/2/hi/europe/8137849.stm

Benedict XVI said the blind pursuit of profit and economic mismanagement had "wreaked havoc" on the global economy.
The market, said the Pope, must not become the place where the strong prevail over the weak.
His encyclical letter said a reformed UN should strive for disarmament, food security and environmental protection.

 

[celtic_crippler]

Interesting...

The Holy Roman Empire trying to make a comeback? LOL

 

[Makalakumu]

That's interesting. I'd like to buy that book. Thanks for posting the link.