The Ascent Of Money: Series 1 The series charts the financial history of the world, highlighting the effect that finance had on some of the biggest events in history.<br /><br />Bonds of War<br />In the second episode of the four-hour series The Ascent Of Money<br />,economist and historian Niall Ferguson explores John Law and his Louisiana territory Ponzi scheme that wrecked the economy of 18th Century France; and the innovations that let bond markets support warfare in Europe.
