Nobody downloaded yet

Chapter Summaries: The Ascent of Money - Essay Example

Comments (0) Cite this document
Summary
This essay presents the summary of two chapters ("Blowing Bubbles" and "Return of Risk") from the book "The Ascent of Money: A Financial History of the World" written by professor Ferguson. The paper talks about the insurance as the best measure to cushion ourselves from future financial risks…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.4% of users find it useful
Chapter Summaries: The Ascent of Money
Read TextPreview

Extract of sample
"Chapter Summaries: The Ascent of Money"

Download file to see previous pages The essay "Chapter Summaries: The Ascent of Money" presents the summary of two chapters ("Blowing Bubbles" and "Return of Risk") from the book "The Ascent of Money: A Financial History of the World" written by professor Ferguson. The paper talks about the insurance as the best measure to cushion ourselves from future financial risks.Fergusson discusses two ways of insuring ourselves against future risks. He asserts that individuals can insure themselves. On the other hand, the society can organize itself into the welfare state to safeguard itself against future risks. The Scottish ministers analyzed risks to establish a social welfare state that provided social security nets against unpredictable financial risks. In the 1940s, the welfare state had immense significance in ensuring the society against risks. However, in the 1970s, the welfare state led to economic stagnation via the rising costs and improved life expectancy. Fergusson advocates for individual responsibility by claiming that individual responsibility applies to all nations while the welfare state is only applicable to specific nations. Moreover, he argues that welfare state depends on the working class and does not accommodate the aging population. Indeed, the aging might not be working and hence cannot contribute to the welfare state. As such, they cannot benefit from this precautionary measure. Seemingly, the welfare state limits its capability. Subject to these limitations, Ferguson advocates for the disassembling of this insurance mechanism. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Chapter Summaries: The Ascent of Money Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Chapter Summaries: The Ascent of Money Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/finance-accounting/1701887-chapter-summaries-the-ascent-of-money
(Chapter Summaries: The Ascent of Money Essay Example | Topics and Well Written Essays - 500 Words)
Chapter Summaries: The Ascent of Money Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/finance-accounting/1701887-chapter-summaries-the-ascent-of-money.
“Chapter Summaries: The Ascent of Money Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/finance-accounting/1701887-chapter-summaries-the-ascent-of-money.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Summaries
...?Week 8 Reading Summary The Wikipedia article on the of sociocracy, also known as Circular Organizing, as introduced by Gerard Endenburg, describes it as a governance system that encompasses decision-making by consenting individuals based on “cybernetic principles” (Wikipedia, 2011). Sociocracy, in its developmental stages, was intended as a system of governance in the private sector of business. However, it has since been utilized in various types of organizations, in addition to private, such as community, public, professional, and non-profit as well (Wikipedia, 2011). In the article “In Praise of Hierarchy,” Jacques (1990), applauds managerial hierarchy as implemented in various types of businesses around the world....
3 Pages(750 words)Article
Chapter summaries
...? Diagnosis Made Easier by James Morrison Chapter The Road to Diagnosis Major Objectives Morrison (2006) begins the development of his text by presenting the audience with an overview of a patient’s case. The primary purpose which the presentation of this case serves is that it marks the beginning of the journey towards a successful and critical diagnosis. The foremost objectives of this chapter thus include: providing an explanation of the foundations of diagnosis, introducing the reader to the levels of diagnosis which are expounded upon later in the succeeding chapters of the book and establishing the basics of diagnosis to equip the audience with an awareness and background...
18 Pages(4500 words)Essay
Chapter summaries
...? Chapter Summaries Chapter Summaries Chapter One: The Importance Of Systematic And Effective Treatment Planning Inadequate clinical comprehension, improper treatment and inaccurate diagnosis have contributed to numerous clinical errors today. Chapter one of Seligman & Reichenberg’s (2011) book, Selecting Effective Treatments, discusses the importance of systematic and effective treatment planning. The chapter begins with three cases of patients being diagnosed inaccurately and also being offered inappropriate treatment. This show the extents to which clinical interventions are not systematic and also effective (Seligman & Reichenberg, 2011). The main aim of this chapter is to assist psychotherapists from each and every discipline... –...
10 Pages(2500 words)Essay
The pony fishs glow chapter summaries
...The Pony Fish’s Glow: And Other Clues to Plan and Purpose in Nature – Chapter Summaries Preface and Acknowledgements The book’s sub could also be The Adaptationist Program, but the one that the author chose was inspired by an address given by George Simpson. The author found the work to be fascinating and well presented, however lacking in some areas. The aim of The Pony Fish was to examine the adaptations of organisms both in terms of their strengths and weaknesses. The purpose of this was to show the limitations and the power of the process of evolution. Introduction: Plan and Purpose in Nature The plan and purpose of a man-made object is usually fairly obvious, it does not need to be examined. When...
9 Pages(2250 words)Term Paper
Chapter summaries 1 page each chapter
...Cracking Old Testament s Chapter literary forms of the Old Testament This is the introductory chapter and aims at depicting the bible or the Old Testament as a narrative that has to be understood. One has to delve deeply to understand the meaning of the context. The first chapter offers a rather helpful and a practical fashion as a guide to integrating the Old Testament genres in general. The introductory part especially in chapter one offers to lay a basis for genre criticism that has to be used in interpreting the entire Old Testament. This has been provided in simple terms and language. Though the book has been written by scholars, it has not be written for scholars.1...
3 Pages(750 words)Essay
Summaries
...physical and infrastructural support, incidences of employee sabotage, fraud and theft, errors and omissions, and threats to personal privacy. Into details, this summary covers sub-factors within the malicious code. Examples of these factors are viruses, warms, Trojan horse, logic bombs, blended threats e.t.c. A computer virus is a code segment that is capable of replicating by possibly attaching copies of it to existing executable files, implying that viruses can exist in a computer without infecting the system; not unless one opens or runs the malicious program. It is majorly spread by sharing of infected files through emails and removable disks. A worm, on the other hand, is a self-replicating program or algorithm...
2 Pages(500 words)Essay
Summaries
...Summary The history of the origin of the people of America varies from one group of people to another. Each group has their own creative narration of how they came to be. These groups also adapted a number of social, political and economic activities, which defined them. This discussion focuses on various groups that migrated into Northern America, describing their activities. To begin with, paleoanthropologists claim that the people who settled in northern America were mainly hunters looking for wild animals to hunt and nomads (Nelson, 2006). Regardless of this, the Canada natives argue that people settled in northern America due to a land bridge created by water being blocked by glaciers, which led to the increase in...
1 Pages(250 words)Assignment
Summaries
...Summaries EDEE 280-001 Geography, History, and Citizenship Education Winter Reflective Journal Sheet (also available on My s) ______________________________ Date: ______________________________ Author: _____________________________ Title: ______________________________ Reading 1 I. In your own words briefly summarize and engage with the 3 to 4 most salient ideas from the reading. 1. One of the most the most ideas from the reading is the importance of historical thinking. Historical thinking helps students to understand the scope of history and even to engage with history, in questioning and validating presented facts. This may lead to development of secondary or tertiary history literature, based on comparative analysis...
3 Pages(750 words)Assignment
Chapter Summaries and case Studies
...Summary of the book “Business Research Methods” Summary of the book “Business Research Methods” Introduction The book dBusiness Research Methods authored by Donald Cooper and Pamela Schindler offers an in-depth analysis of research methods applied in business. The authors recognize the role of research in the modern business world for any organization that intents to remain outstanding irrespective of the existing competition. The book has numerous chapters that handle different topic related to research in business. Each chapter has related case studies designed to improve the understanding of both students and professionals on the different research methodologies that exist. This paper will present a summary of chapters 1 to 5... in...
8 Pages(2000 words)Case Study
Chapter summaries of Unbroken by Laura Hillenbrand
...Chapter Summaries of “Unbroken: A World War II Story of Survival, Resilience and Redemption.” by Laura Hillenbrand Chapter Summaries of “Unbroken: A World War II Story of Survival, Resilience and Redemption.” by Laura Hillenbrand Introduction The book “Unbroken” by Laura Hillenbrand is a non fictional account of the story of an Italian American known as Louie Zamperini, a former Olympic track hero, who became an American pilot during the WW11, survived plane crash in the pacific and later spent more than 2 years in a Japanese internment camp as a prisoner. Generally, the book is organized into 39 chapters. Chapter 1: The One-Boy...
4 Pages(1000 words)Book Report/Review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Chapter Summaries: The Ascent of Money for FREE!
Contact Us