Review of The Ascent of Money (2008) by James Y — 31 Jul 2010

I don't like British Professor Fergueson imperialist take on economics on global market. It was selective history research from one the world's best economist in the world. I don't see the positive on how Europe made great benefits without him not mentioning the extraction of resources and colonization of Africa.

Europe's wealth came from Africa. The power of financial market is determined by international gold exchange and politcal power. I'm not an economist that knows the math and graphs. It doesn't take a Harvard educated person to know that for country to have more GNP and another country to have less or is force into financial debt due to sanctions to eliminate the competition.

European countries was always at war with eachother. Trading became difficult, but not with countries that were allies and colonize. I didn't like the films western view and watch it many times and even read the book.

Wasn't bad, wasn't good! I would recommend watching it. It is educational and distorted.