Ascent of Money Episode 3

Post date: Feb 23, 2012 5:9:56 PM

In order to complete this project you must watch the following film and submit the completed movie worksheet:

The Ascent of Money Episode 3: Risky Business

World Finance 3.0: From Insurance to Hedge FundsThe Ascent of Money is a series of documentaries produced by the BBC and PBS based on the Harvard Economist Niall Fergusson's book The Ascent of Money, a Financial History of the World. The purpose of this series is to explain basic ideas in economics by describing the historical roots of the modern economy. Episode 3 of this series, titled "Risky Business" explores the idea of how our human desire to minimize risk in an uncertain world has transformed the world of finance. Risky Business documents the story of insurance and its influence on economics: how our desire to minimize risk manifested itself first as private insurance companies, later the welfare state of the 20th century, and in the 21st century hedge funds and derivative markets. Project Credit: In order to get credit for this film, download the movie worksheet attached here and submit completed worksheet.

To watch this film, please click the following link: Ascent of Money Episode 3. 

I found this film fascinating...I hope you enjoy it as much as I did.