Video documentaries about history of the world

Read more about the article Guns Germs And Steel episode 1
Guns Germs And Steel episode 1
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Guns Germs And Steel episode 1

Guns Germs And Steel episode 1: Jared Diamond's journey of discovery began on the island of Papua New Guinea. There, in 1974, a local named Yali asked Diamond a deceptively simple question: Why is it that you white people developed so much cargo, but we black people had little cargo of our own??     Why were Europeans the ones with all the cargo? Why had they taken over so much of the world, instead of the native people of…

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Read more about the article The Ascent of Money episode 6
The Ascent of Money episode 6
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The Ascent of Money episode 6

The Ascent of Money episode 6: Since the 1990s, once risky markets in Asia, Latin America and Eastern Europe have become better investments than the UK or US stock market. The explanation is the rise of 'Chimerica' - the economic marriage of China and the United States. But does it make sense for poor Chinese savers to lend to rich American spenders?     In this six-part documentary respected author, journalist and lecturer Professor Niall Ferguson examines the dynamic role…

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Read more about the article The Ascent of Money episode 5
The Ascent of Money episode 5
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The Ascent of Money episode 5

The Ascent of Money episode 5: It sounded so simple: give state-owned assets to the people. After all, what better foundation for a property-owning democracy than a campaign of privatisation encompassing housing? An economic theory says that markets can't function without mortgages, because it's only by borrowing against their assets that entrepreneurs can get their businesses off the ground. But what if mortgages are bundled together and sold off to the highest bidder?     In this six-part documentary respected…

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Read more about the article The Ascent of Money episode 4
The Ascent of Money episode 4
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The Ascent of Money episode 4

The Ascent of Money episode 4: Life is a risky business - which is why people take out insurance. But, confronted with an unexpected disaster, the state always has to step in. Professor Ferguson travels to post-Katrina New Orleans to ask why the free market can't provide adequate protection against catastrophe. His quest for an answer takes him to the origins of modern insurance in the early 19th century and to the birth of the welfare state in post-war Japan.…

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Read more about the article The Ascent of Money episode 3
The Ascent of Money episode 3
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The Ascent of Money episode 3

The Ascent of Money episode 3: Why do stock markets produce bubbles and busts? Professor Ferguson goes back to the origins of the joint stock company in Amsterdam and Paris. He draws telling parallels between the current stock market crash and the 18th-century Mississippi Bubble of Scottish financier John Law and the 2001 Enron bankruptcy. Humans have a herd instinct when it comes to investment, and no one can accurately predict when the bulls might stampede.     In this…

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