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The great degeneration

How Institutions Decay and Economies Die
Pages
174
Published
2012
Language
English

Synopsis

Niall Ferguson explores why prosperous nations might falter. He examines contemporary signs of decline, such as sluggish growth, mounting debt, and rising inequality. Ferguson argues that the root cause lies in the deterioration of fundamental institutions that underpin a thriving society.

About the author

N
Niall Ferguson

Niall Campbell Ferguson is a British historian from Scotland. He is the Laurence A. Tisch Professor of History at Harvard University. He is also a Senior Research Fellow of Jesus College, University of Oxford, a Senior Fellow of the Hoover Institution, Stanford University and visiting professor at the New College of the Humanities. His specialties are international history, economic and financial history, and British and American imperialism. He is known for his provocative, contrarian views. -...