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A Fabulous Debt
The Epic Story of How Bonds Built the Modern World
Brief Description
From veteran Financial Times journalist, an epic history of the debt that built the modern world. "A COMPELLING HISTORY OF A POWERFUL IDEA" - Jacob Goldstein, author of Money From veteran Financial Times journalist Robin Wigglesworth, an epic history of the debt that built the modern...
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A Fabulous Debt
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Description
From veteran Financial Times journalist, an epic history of the debt that built the modern world.
"A COMPELLING HISTORY OF A POWERFUL IDEA" - Jacob Goldstein, author of Money
From veteran Financial Times journalist Robin Wigglesworth, an epic history of the debt that built the modern world.
Long considered the "boring" corner of finance, bonds are anything but. They are bigger than the stock market and rival even the global banking system in influence. But they are also misunderstood β treated as mere debt, when in fact their impact is radically different.
From medieval Venice to modern Wall Street, Robin Wigglesworth uncovers the sweeping, unveiling story of the bond market. With clarity and wit, this is a people's history of finance: rich in drama, full of colourful characters, and bursting with insights.
Bonds have funded everything from the Crusades to climate tech, Netflix series to AI data centres. Pooling capital from citizens and merchants at an unmatched scale, they have been the hidden force behind some of humanity's highest achievements and greatest calamities. This isn't just a book about the past. It's a guide to the future of finance, and a love letter to the engine that keeps it running.
Book Details
INFORMATION
ISBN: 9780241705681
Publisher: Penguin Books Ltd
Format: Paperback / softback
Date Published: 24 September 2026
Country: United Kingdom
Imprint: Penguin Business
Audience: General / adult
DIMENSIONS
Spine width: 20.0mm
Width: 153.0mm
Height: 234.0mm
Weight: 350g
Pages: 272
About the Author
Robin Wigglesworth is the author of Trillions and editor of the Financial Times' finance blog Alphaville. He writes about the biggest trends reshaping markets, investing, finance and economics across the world. Before joining the Financial Times, he worked at Bloomberg News.
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