Fabulous Debt

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2008
A01=Robin Wigglesworth
Author_Robin Wigglesworth
banks
bonds
business
capital
Category=KCBM
Category=KCY
Category=KFFH
Category=KFFM
Category=VSB
debt
disruption
economic history
economics
economy
entrepreneur
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_self-help
finance
financial instruments
financial times
forthcoming
guide to investment strategy
history
history in financial times
how to become rich
integrity
interest
investing
investment
lean start up
long term stock exchange
market
monetary economics
money
politics
profit
purpose
stock market
tech
wall street

Product details

  • ISBN 9780241705674
  • Weight: 500g
  • Dimensions: 156 x 240mm
  • Publication Date: 24 Sep 2026
  • Publisher: Penguin Books Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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The epic story 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 – 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.

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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