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Keyword: niallferguson

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  • A ‘catastrophe of epic proportions’

    03/16/2016 7:27:19 PM PDT · by Elderberry · 31 replies
    Boston Globe ^ | 3/14/2016 | Niall Ferguson
    There is a powerful symbolism in the impending collapse of Iraq’s Mosul dam. Built on the cheap by Saddam Hussein in the early 1980s, it holds back up to 2.9 trillion gallons, roughly twice as much as Lake Pontchartrain in New Orleans. We all know what happened when Hurricane Katrina breached the levees around Pontchartrain’s south shore in 2005. No hurricane is needed to breach the Mosul dam. Built on a weak foundation of soluble gypsum, its stability has always depended on continuous grouting. In 2007 the US Army Corps of Engineers, alarmed by what they had found after the...
  • Newsweek's anti-Obama cover story: Has the magazine lost all credibility?

    02/15/2016 1:31:23 PM PST · by HomerBohn · 24 replies
    The Week ^ | August 21, 2012 | Staff
    If Newsweek's goal was to spark controversy with its Obama-bashing cover article, then the error-riddled piece was certainly a success. August 21, 2012 This week, Newsweek came under an onslaught of criticism for publishing a cover story titled: "Hit the road, Barack: Why we need a new president." (See an image at right and below.) Written by conservative historian Niall Ferguson, a Harvard professor who served as an adviser to the John McCain campaign in 2008, the story is a litany of complaints against Obama, blasting him for his poor economic stewardship, fiscal irresponsibility, broken promises, and foreign policy...
  • The Paris attacks are 'exactly how civilizations fall,' just like the collapse of the Roman Empire

    11/17/2015 8:34:22 AM PST · by SeekAndFind · 29 replies
    Business Insider ^ | 11/17/2015 | Paul Colgan, Business Insider Australia
    Edward Gibbon's "The Decline and Fall of the Roman Empire" is one of the great works of written history. It comes in six volumes and was published over 12 years starting in 1776. It covers how the Roman Empire fell from its glory over centuries, eventually crumbling to nothing. Over the weekend prominent historian Niall Ferguson, the presenter of the TV series "Civilization," has drawn an analogy between the bloodshed in Paris last Friday and what was the beginning of the end for the Roman Empire. Ferguson declares he is here "to tell you that this is exactly how civilizations...
  • Harvard Historian: Obama Is Being Check-Mated by Vladimir Putin (Video)

    10/19/2015 7:14:04 AM PDT · by Enlightened1 · 15 replies
    Gateway Pundit ^ | 10/18/15 | Jim Hoft
    Niall Ferguson, author, historian and Harvard professor, weighed in on Barack Obama’s disastrous foreign policy today on Sunday Morning Futures with Maria Bartiromo. Maria this is going horribly wrong. He’s really created an explosion of sectarian conflict right across the region. And I think now he’s being check-mated by Vladimir Putin the Russian president who you said a moment ago has taken in the initiative. It’s really the first time since the early seventies that the Russians have been in a position to play the part of power broker in the Middle East. Ferguson also pointed out to Bartiromo that...
  • Is Paul Krugman Leaving Princeton In Quiet Disgrace?

    07/14/2014 11:37:01 AM PDT · by SeekAndFind · 34 replies
    Forbes ^ | 07/14/2014 | Ralph Benko
    Professor Paul Krugman is leaving Princeton. Is he leaving in disgrace? Not long, as these things go, before his departure was announced Krugman thoroughly was indicted and publicly eviscerated for intellectual dishonesty by Harvard’s Niall Ferguson in a hard-hitting three-part series in the Huffington Post, beginning here, and with a coda in Project Syndicate, all summarized at Ferguson, on Krugman: Where I come from … we do not fear bullies. We despise them. And we do so because we understand that what motivates their bullying is a deep sense of insecurity. Unfortunately for Krugtron the Invincible, his ultimate nightmare...
  • Niall Ferguson's Blooper

    05/08/2013 7:51:07 AM PDT · by Kaslin · 11 replies ^ | May 8, 2013 | Jonah Goldberg
    At an investment conference last week, Harvard historian Niall Ferguson created a huge mess for himself. He glibly speculated that maybe because economist John Maynard Keynes was a childless, "effete" homosexual, he embraced a doctrine that favored immediate economic gratification. Keynes' bon mot "in the long run, we are all dead" takes on new meaning when you realize he didn't have kids to worry about. Following the usual script, but at a much faster clip, an uproar ensued on Twitter and in various blogs. Ferguson quickly offered an apology that rivaled John Cleese's in A Fish Called Wanda in its...
  • Keynes Was Gay -- Not That There's Anything Wrong With That

    05/05/2013 1:31:51 PM PDT · by Yardstick · 41 replies
    National Review Online ^ | May 4, 2013 | Jonah Goldberg
    "There’s a brouhaha a-brewin’ over comments by Niall Ferguson at an investor conference. Ferguson suggested that because John Maynard Keynes was gay, effete, and childless he might have lacked concern for posterity. After all, Keynes famously proclaimed ”in the long run we’re all dead.” In a nigh-upon hysterical and terribly written item, Tom Kostigen of Financial Advisor says Ferguson took “gay-bashing to new heights.” He adds, “Apparently, in Ferguson’s world, if you are gay or childless, you cannot care about future generations nor society.”  Now, I don’t know exactly what Ferguson said, and I don’t trust Kostigen’s version of events either. There are few full quotes and virtually...
  • What Is Samantha Power Thinking? The charismatic Obama adviser believes that stopping “genocide”...

    03/31/2011 1:26:17 PM PDT · by neverdem · 53 replies
    NATIONAL REVIEW ONLINE ^ | March 29, 2011 | Matthew Shaffer
    What Is Samantha Power Thinking?The charismatic Obama adviser believes that stopping "genocide" is the United States' top foreign-policy priority. On March 18, President Obama explained his decision to mobilize the United States military for international intervention in Libya. “Left unchecked,” he said, “we have every reason to believe that Qaddafi would commit atrocities against his people. Many thousands could die. A humanitarian crisis would ensue. The entire region could be destabilized, endangering many of our allies and partners.” (As if it hasn’t been already?) That last sentence was a Realpolitik, national-interest justification for the U.S. intervention. But it rang hollow....
  • Collapse of the American Empire: swift, silent, certain

    03/10/2010 12:06:55 AM PST · by SmokingJoe · 89 replies · 2,491+ views
    Marketwatch ^ | March 9, 2010, 12:01 a.m. EST | Paul B. Farrell
    ARROYO GRANDE, Calif. (MarketWatch) -- "One of the disturbing facts of history is that so many civilizations collapse," warns anthropologist Jared Diamond in "Collapse: How Societies Choose to Fail or Succeed." Many "civilizations share a sharp curve of decline. Indeed, a society's demise may begin only a decade or two after it reaches its peak population, wealth and power." Now, Harvard's Niall Ferguson, one of the world's leading financial historians, echoes Diamond's warning: "Imperial collapse may come much more suddenly than many historians imagine. A combination of fiscal deficits and military overstretch suggests that the United States may be the...
  • Obama in High Seas

    08/22/2012 5:21:06 AM PDT · by Kaslin · 18 replies ^ | August 22, 2012 | Emmett Tyrrell
    WASHINGTON -- It has been a very rough patch for Our President, and I do believe it is going to get rougher still. Do not be surprised, as the month goes on and August runs into September, that his campaign budget becomes tighter. President Barack Obama is spending more money than he is raising. It will get worse. A president who mismanages the federal budget the way Obama does cannot be expected to manage his campaign budget much better. Lavish spending, it turns out, is a way of life for the community organizer who became our 44th president. Lavish spending...
  • Niall Ferguson Defends Newsweek Cover: Correct This, Bloggers

    08/21/2012 12:33:02 PM PDT · by EveningStar · 8 replies
    The Daily Beast ^ | August 21, 2012 | Niall Ferguson
    First, duck the argument. Second, nitpick. Third, vilify. That’s what Niall Ferguson says liberal bloggers did after reading his Newsweek story on Obama’s record. Here, he offers a point-by-point defense of his argument.
  • Niall Ferguson: Obama’s Gotta Go

    08/19/2012 1:47:13 PM PDT · by blam · 193 replies
    Daily Beast via excerpted version from Business Insider ^ | August 19, 2012 1:00 AM EDT | Niall Ferguson Daily Beast; Joe Weisenthal Business Insider;
    <p>The other day, Newsweek had a cover story about Mitt Romney's "Wimp Factor."</p>
  • Shocking Newsweek Cover: 'Hit the Road, Barack - Why We Need a New President'

    08/19/2012 6:25:21 PM PDT · by Kaslin · 27 replies ^ | August 19, 2012 | Noel Sheppard
    After some of the recent Obama-loving/Romney-bashing Newsweek covers, the one hitting newsstands Monday is guaranteed to turn some heads. Under the picture of our dear leader are the words, "Hit the Road, Barack: Why We Need a New Leader." The article is written by Niall Ferguson, a British historian and economist that backed John McCain in 2008. After an introduction, Ferguson made his case: In his inaugural address, Obama promised “not only to create new jobs, but to lay a new foundation for growth.” He promised to “build the roads and bridges, the electric grids, and digital lines that feed...
  • Niall Ferguson Has Been Wrong On Economics ("Hit The Road, Barack" - Newsweek))

    08/19/2012 4:54:25 PM PDT · by blam · 24 replies
    TBI ^ | 8-19-2012 | Joe Weisenthal
    Niall Ferguson Has Been Wrong On Economics Joe Weisenthal Aug. 19, 2012, 6:44 PM Niall Ferguson has a huge piece in The Daily Beast saying Obama needs to get fired titled: "Hit The Road, Barack."It's basically an ell-encompassing takedown of Obama's record on the economy (it still sucks), the deficit (it's getting bigger) and America's standing in the world (The Mideast has not gotten safer). It even hits Obama for stuff like this, which seems totally inevitable at some point, regardless of who is President.Newsweek Anyway, as you read Niall Ferguson, it's worth noting that he has been wrong on...
  • Niall Ferguson: Obama’s Gotta Go

    08/19/2012 12:58:37 PM PDT · by MNJohnnie · 30 replies
    Newsweek ^ | 08-19-2012 | Niall Ferguson
    I was a good loser four years ago. “In the grand scheme of history,” I wrote the day after Barack Obama’s election as president, “four decades is not an especially long time. Yet in that brief period America has gone from the assassination of Martin Luther King Jr. to the apotheosis of Barack Obama. You would not be human if you failed to acknowledge this as a cause for great rejoicing.” Despite having been—full disclosure—an adviser to John McCain, I acknowledged his opponent’s remarkable qualities: his soaring oratory, his cool, hard-to-ruffle temperament, and his near faultless campaign organization. Yet the...
  • Hit the road Barak (Newsweek) Chick-Fil-A moment

    08/19/2012 4:53:17 PM PDT · by DaveinOK54 · 44 replies
    Let's reward good behavior. Newsweek is apparently desperate to survive. We plan on buying this issue off the shelf. Might they get the message????
  • Niall Ferguson: Don’t Believe the Techno-Utopian Hype

    08/01/2012 5:36:49 AM PDT · by Sir Napsalot · 44 replies
    Newsweek (via The Daily Beast) ^ | 7-30-2012 | Niall Ferguson
    (snip) My pessimism is supported by a simple historical observation. The achievements of the last 25 years were actually not that big a deal compared with what we did in the preceding 25 years, 1961-1986 (e.g. landing men on the moon). And the 25 years before that, 1935-1960, were even more impressive (e.g. splitting the atom). In the words of Peter Thiel, perhaps the lone skeptic within a hundred miles of Palo Alto: In our youth we were promised flying cars. What did we get? 140 characters. Moreover, technoptimists have to explain why the rapid scientific technological progress in those...
  • Niall Ferguson: If the young knew what was good for them they'd join the Tea Party

    06/17/2012 2:00:25 PM PDT · by The_Reader_David · 11 replies
    The Telegraph (UK) ^ | 17 June 2012 | Telegraph reporters
    Young people should welcome austerity measures because it means huge government debts are less likely to blight their futures, historian Niall Ferguson has said. The economic historian, who is affiliated to Oxford and Harvard Universities, says wise young voters should insist politicians pay off debts as soon as possible.... “It is surprisingly easy to win the support of young voters for policies that would ultimately make matters even worse for them, like maintaining defined benefit pensions for public employees,” ... He adds: "If young Americans knew what was good for them, they would all be in the Tea Party." Professor...
  • NIALL FERGUSON: This Is The Study That Shows Why The US Economy Is Doomed

    04/07/2012 7:05:08 PM PDT · by TigerLikesRooster · 87 replies
    BI ^ | 04/05/12 | Rob Wile NIALL FERGUSON: This Is The Study That Shows Why The US Economy Is Doomed Rob Wile | Apr. 5, 2012, 2:02 PM | 17,651 | 67 A Harvard Business School study that Niall Ferguson pointed us to today shows the U.S. has fallen severely behind in terms of international competitiveness. The study, from January, found that for Harvard alums personally involved in a company relocation decision, 57 percent said the decision "involved the possibility of moving existing activities out of the U.S." Meanwhile, only 9 percent considered moving existing activities from another country into the U.S. "A U.S.-based respondent...
  • Niall Ferguson: The 6 killer apps of prosperity

    03/22/2012 12:16:46 PM PDT · by bigbob · 14 replies · 1+ views
    TED dot com ^ | Sept. 2011 | Niall Ferguson
    Over the past few centuries, Western cultures have been very good at creating general prosperity for themselves. Historian Niall Ferguson asks: Why the West, and less so the rest? He suggests half a dozen big ideas from Western culture -- call them the 6 killer apps -- that promote wealth, stability and innovation. And in this new century, he says, these apps are all shareable. History is a curious thing, and Niall Ferguson investigates not only what happened but why. 20 minute video at the link
  • 2021: The New Europe

    11/21/2011 8:45:21 PM PST · by MinorityRepublican · 27 replies
    The Wall Street Journal ^ | NOVEMBER 19, 2011 | NIALL FERGUSON
    Welcome to Europe, 2021. Ten years have elapsed since the great crisis of 2010-11, which claimed the scalps of no fewer than 10 governments, including Spain and France. Some things have stayed the same, but a lot has changed. The euro is still circulating, though banknotes are now seldom seen. (Indeed, the ease of electronic payments now makes some people wonder why creating a single European currency ever seemed worth the effort.) But Brussels has been abandoned as Europe's political headquarters. Vienna has been a great success. "There is something about the Habsburg legacy," explains the dynamic new Austrian Chancellor...
  • 'This Week' Guest: 'All The Texans I Know Can't Stand' Rick Perry

    11/06/2011 11:28:58 AM PST · by governsleastgovernsbest · 30 replies
    NewsBusters ^ | Mark Finkelstein
    Call it Niall Ferguson's Pauline Kael moment . . . During the roundtable segment this morning on ABC's This Week, Ferguson, an academic with appointments at Harvard, Stanford and Oxford, said that "all the Texans I know" can't stand Rick Perry. Ferguson was reacting to host Christiane Amanpour's question about Perry's highly-animated New Hampshire address. Ferguson professed to like the "swaggering Texan" side of Perry he apparently saw in the speech. George Will had a caustic comeback. View the video here.
  • America's 'Oh [crap]!' Moment

    11/04/2011 7:30:12 AM PDT · by dervish · 75 replies
    US News ^ | 10/30/11 | Niall Ferguson
    <p>Civilizations don’t rise, fall, and then gently decline, as inevitably and predictably as the four seasons or the seven ages of man. History isn’t one smooth, parabolic curve after another. Its shape is more like an exponentially steepening slope that quite suddenly drops off like a cliff.</p> <p>'snip'</p> <p>'snip'</p>
  • Un-American Revolutions: Why are Americans cheering on the Arab revolutionary wave?

    02/27/2011 8:00:50 AM PST · by 2ndDivisionVet · 26 replies
    Newsweek ^ | February 27, 2011 | Niall Ferguson
    Americans love a revolution. Their own great nation having been founded by a revolutionary declaration and forged by a revolutionary war, they instinctively side with revolutionaries in other lands, no matter how different their circumstances, no matter how disastrous the outcomes. This chronic reluctance to learn from history could carry a very heavy price tag if the revolutionary wave currently sweeping across North Africa and the Middle East breaks with the same shattering impact as most revolutionary waves. Benjamin Franklin and Thomas Jefferson hailed the French Revolution. “The French have served an apprenticeship to Liberty in this country,” wrote the...
  • Niall Ferguson Explains How Obama "Blew It" With Egypt (Destroys MSNBC numskulls)

    02/14/2011 10:57:19 PM PST · by Islander7 · 61 replies
    Real Clear Politics ^ | Feb 14, 2011 | MSNBC
    "President Obama is one of the least experienced men in terms of foreign policy to ever occupy the White House and yet he has advisers around him who are frankly, second, if not third-rate and you just can't do that. It's far too risky, it's far too dangerous of a world and some of us said this when he ran for election that it was a huge risk to put somebody of that kind of inexperience into the position like Commander-in-Chief of the United States. And what we saw unfold in Egypt reveals the truth of that segment," Professor Niall...
  • Harvard’s Niall Ferguson Rails Against Obama’s Foreign Policy On Morning Joe

    02/14/2011 2:05:27 PM PST · by jackv · 16 replies ^ | 2-14-11 | staff
    Niall Ferguson, Harvard professor and Newsweek columnist, rained on the Morning Joe parade this morning by arguing President Obama blew it in Egypt and has now left the country in a fragile state potentially susceptible to domination by the Muslim Brotherhood. Prior to hearing Ferguson, Mika Brzezinski and Joe Scarborough thought Obama did pretty well with the situation, however Ferguson passionately attempted to convince them otherwise. Brzezinski claimed “looking at all the different reports coming in, and the pictures, and the peacefulness on the streets of Cairo, so far so good it actually seems like it went pretty damn well.”...
  • Niall Ferguson: The US Showing Signs of Imperial Fall

    11/09/2010 9:02:03 PM PST · by bigbob · 36 replies
    MyLoansConsolidated ^ | 11-9-2010 | Niall Ferguson
    Even if IÂ’m wrong, and my old rival Paul Krugman is rightÂ… and that is possible. I donÂ’t rule that out. Even if heÂ’s right and the interest rate is low, the bond market is in a coma, and the vigilante go off and take up some other activities. Recurrent deficits year after year, never much less than 5 percent of GDP even on the administrationÂ’s optimistic forecasts, plus debt accumulation as a result mean inevitably that interest payments will consume a rising proportion of tax revenue. The process I have described you is independent of any bond market panic....
  • Ferguson: Why No Jobs? Tax Hikes Ahead(biz scared by prospect of Bush tax cut expiring)

    07/27/2010 4:56:41 AM PDT · by TigerLikesRooster · 8 replies
    Money News ^ | 07/26/10 | Dan Weil
    Ferguson: Why No Jobs? Tax Hikes Ahead Monday, July 26, 2010 11:46 AM By: Dan Weil Harvard economic historian Niall Ferguson has an explanation for why unemployment remains stubbornly high at 9.5 percent. It’s the threat of tax increases as the Bush tax cuts end this year. “Why is it that small- and medium-sized businesses in the United States today are not hiring? Why is it that they're not expanding?” he said on CNN. “It's because they see the tax hikes coming that are implied by this fiscal policy.” The United States is running a budget deficit estimated by the...
  • Niall Ferguson: A US Fiscal Disaster Is Imminent, And Bernanke's Monetary Policy Is Appalling

    07/12/2010 8:25:11 AM PDT · by blam · 2 replies
    The Business Insider ^ | 7-12-2010 | Joe Weisenthal
    Niall Ferguson: A US Fiscal Disaster Is Imminent, And Bernanke's Monetary Policy Is Appalling Joe Weisenthal Jul. 12, 2010, 8:19 AM Ignore the uber-low yields on U.S. government debt. It's only a matter of time before markets lose confidence in the U.S. government argues Harvard professor Niall Ferguson. Right now Washington is benefiting from global worries, such as those being seen in Europe, but that won't last for long. If you want to look for a pivotal moment: Watch for when debt interest payments begin to eclipse defense payments. In fact, this will happen inevitably, even if there's no imminent...
  • San Francisco has its own 'public option'

    10/05/2009 3:29:36 AM PDT · by CutePuppy · 16 replies · 1,134+ views
    LATimes ^ | October 04, 2009 | San Francisco has its own 'public option'
    San Francisco - Over the last two years, three-quarters of San Francisco's uninsured adults have enrolled in a public program that guarantees access to medical services, an effort that is being touted as a national model during the rancorous debate over healthcare reform. More than 46,000 adults have enrolled in Healthy San Francisco since it was launched; this first-in-the- nation, city-run universal healthcare effort has received high marks in recent independent studies. The program is funded in part by an employer mandate, a controversial component of the plans under discussion in Washington. One analysis has concluded that this mandate on...
  • Goodbye Fannie and Freddie, Hello MCGE

    09/02/2009 11:42:57 PM PDT · by CutePuppy · 13 replies · 1,289+ views
    CNBC ^ | September 2, 2009 | Diana Flick
    It's careful, it's complicated, it's got a catchy name, and it's first. At face value, that's what I see in the Mortgage Bankers Association's proposal to formulate a new, government-guaranteed, mortgage backed securities market to take the place of Fannie Mae and Freddie Mac.Let's start at the very beginning, with the MBA press release: The centerpiece of MBA’s recommendation is the creation of a new line of mortgage-backed securities (MBS). Each security would have two components – a loan level guarantee provided by privately-owned, government-chartered and regulated mortgage credit-guarantor entity (MCGE) and a security-level, federal government-guaranteed wrap.America, meet the MCGE,...
  • Niall Ferguson: Nothing Would Scare Bond Markets More Than The Government Following Paul Krugman....

    07/06/2010 10:39:22 AM PDT · by george76 · 15 replies
    Business Insider ^ | Jul. 6, 2010 | Gregory White
    There is no example in history of any country growing out of this sort of debt position, except for Britain in the early 1800s, which had empire and industrial revolution on its side. Default now seems the only escape, and the U.S. may choose that path with unfunded liabilities like Social Security.
  • Niall Ferguson: Even Krugman Admits The Deficit Is Unsustainable

    11/30/2009 7:39:48 AM PST · by FromLori · 7 replies · 642+ views
    The Business Insider ^ | 11/30/09 | Joe Weisenthal
    Now, who said the following? "My prediction is that politicians will eventually be tempted to resolve the [fiscal] crisis the way irresponsible governments usually do: by printing money, both to pay current bills and to inflate away debt. And as that temptation becomes obvious, interest rates will soar." Seems pretty reasonable to me. The surprising thing is that this was none other than Paul Krugman, the high priest of Keynesianism, writing back in March 2003. A year and a half later he was comparing the U.S. deficit with Argentina's (at a time when it was 4.5 percent of GDP). Has...
  • History lesson for economists (such as Krugman) in thrall to Keynes

    06/02/2009 9:00:19 AM PDT · by reaganaut1 · 3 replies · 752+ views
    Financial Times ^ | May 29, 2009 | Niall Ferguson
    ... [L]ong-term rates have risen by 167 basis points in the space of five months. In relative terms, that represents an 81 per cent jump. Most commentators were unnerved by this development, coinciding as it did with warnings about the fiscal health of the US. For me, however, it was good news. For it settled a rather public argument between me and the Princeton economist Paul Krugman. It is a brave or foolhardy man who picks a fight with Mr Krugman, the most recent recipient of the Nobel Prize for Economics. Yet a cat may look at a king, and...
  • Niall Ferguson: Paul Krugman Is Wrong, U.S. Borrowing Will Be Devastating

    06/02/2009 8:37:00 AM PDT · by FromLori · 29 replies · 1,385+ views
    British Econ-god Niall Ferguson goes after US econ-god Paul Krugman, who made the mistake of being condescending to him on a panel last week. The fate of the world hangs in the balance. From the FT: On Wednesday last week, yields on 10-year US Treasuries – generally seen as the benchmark for long-term interest rates – rose above 3.73 per cent. Once upon a time that would have been considered rather low. But the financial crisis has changed all that: at the end of last year, the yield on the 10-year fell to 2.06 per cent. In other words, long-term...
  • Rough Week, But America's Era Goes On

    09/21/2008 10:43:52 AM PDT · by MinorityRepublican · 22 replies · 176+ views
    The Washington Post ^ | Sunday, September 21, 2008 | Niall Ferguson
    Does Wall Street's meltdown presage the end of the American century? Many commentators have warned that the past week's financial mayhem signaled a major political setback for the United States as well as an economic one. "Why should the rest of the world ever again take seriously the American free-market model after this debacle?" a leading British journalist asked me last Thursday. This crisis, he argued, was to economics what the Iraq war was to U.S. foreign policy: a fatal blow to the credibility of American claims to global primacy. Certainly, if the talk of a "unipolar moment" after the...
  • The Risk of President Giuliani

    09/17/2007 5:58:58 AM PDT · by gridlock · 128 replies · 321+ views
    LA Times ^ | 9/17/07 | Niall Ferguson
    (snip) I remember visiting the pre-Giuliani Manhattan. It was like one long episode of "Kojak." The professions then open to young New Yorkers were dealer, hood, hooker, junkie, pimp -- or bent cop. Yet by the time I moved to the city, not long after 9/11, the analysts outnumbered the psychos. "Kojak" had been replaced by "Seinfeld." A large share of the credit for that transformation belongs to Giuliani. His presidential bid is based on the notion that what worked for the world's capital city can work for the world. America, Giuliani says, must remain "on offense" to win the...
  • Reviving the evil empire

    05/28/2007 12:35:02 PM PDT · by Tailgunner Joe · 23 replies · 711+ views ^ | May 28, 2007 | Niall Ferguson
    Seven years ago, the economist Brigitte Granville and I published an article ...titled "Weimar on the Volga," in which we argued that the experience of 1990s Russia bore many resemblances to the experience of 1920s Germany. ... "By discrediting free markets, the rule of law, parliamentary institutions and international economic openness," ... "the Weimar inflation proved the perfect seedbed for national socialism. In Russia, too, the immediate social costs of high inflation may have grave political consequences in the medium term. As in Weimar Germany, the losers may yet become the natural constituency for a political backlash against both foreign...
  • It's a mad, mad world

    09/29/2006 4:48:59 AM PDT · by Molly Pitcher · 19 replies · 902+ views
    Townhall ^ | 9/29/06 | Chuck Colson
    Imagine an American president addressing the United Nations and concluding his remarks by praying that God would hasten Christ’s return and unleash the apocalypse. What do you suppose public opinion would be? Well, something even scarier actually happened at the UN last week, and the world said... nothing. That’s because the president in question was Mahmoud Ahmadinejad of Iran. At the end of his September 21 address to the General Assembly, he prayed that Allah would send “the perfect human being promised to all by you.” That “perfect human being” Ahmadinejad prayed for was the Mahdi, a Shiite messianic figure....
  • America's Foolish European Wannabes (Ben Shapiro: America As Unquestioned Global Hegemon Alert)

    09/05/2006 9:40:58 PM PDT · by goldstategop · 8 replies · 490+ views ^ | 09/06/06 | Ben Shapiro
    According to ABC News, 2008 presidential candidate Sen. John McCain (R-AZ) may have recently called his moderate-right credentials into question. "McCain has tapped a controversial academic to be a member of his virtual 'kitchen cabinet,'" noted. That academic -- Niall Ferguson of Harvard University -- is, according to David Weigel of Reason magazine, a "foaming-at-the-mouth 'national greatness conservative.'" This academic has presented, according to Priyamvada Gopal of Cambridge University in Britain, an "aggressive rewriting of history, driven by the messianic fantasies of the American right." Who is this dastardly intellectual twisting the liberal media's beloved "Maverick" McCain into a...
  • Conservatism Doesn't Mean Anti-Conservationist (The Greening Of Conservatism Alert)

    09/05/2006 2:41:05 AM PDT · by goldstategop · 18 replies · 604+ views
    Los Angeles Times ^ | 09/04/06 | Niall Ferguson
    The idea that there is something fundamentally unconservative about protecting the environment is, of course, a canard. At the very core of British conservatism since the time of Benjamin Disraeli has been a romantic reverence for the land and a desire to mitigate the damage done by industrialization. It was Marx and Engels who sneered at "the idiocy of rural life." It was Lenin and Stalin whose mania for smoke-belching steelworks turned huge tracts of Russia into toxic wastelands. Conservatives do not expect problems to be solved by some kind of world government; on the contrary, they prefer local solutions...
  • A World without Power

    09/02/2006 11:07:59 AM PDT · by rob777 · 16 replies · 560+ views
    Hoover Digest ^ | Fall 2004 | Niall Ferguson
    Critics of U.S. global dominance should pause and consider the alternative. If the United States retreats from its hegemonic role, who would supplant it? Not Europe, not China, not the Muslim world—and certainly not the United Nations. Unfortunately, the alternative to a single superpower is not a multilateral utopia but the anarchic nightmare of a new Dark Age. We tend to assume that power, like nature, abhors a vacuum. In the history of world politics, it seems, someone is always the hegemon or bidding to become it. Today, it is the United States; a century ago, it was the United...
  • What if the Heathrow Bombers Succeeded?

    08/29/2006 11:26:35 AM PDT · by Ready4Freddy · 24 replies · 909+ views
    LA Times via Google News ^ | 8/27/2006 | Niall Ferguson
    MAYBE IT'S because I know I have to catch a transatlantic flight on Sept. 11. Maybe I'm just too fond of "What if?" historical questions. Whatever the reason, I can't get over how quickly the world has moved on since the exposure of the Heathrow bomb plot. Ever since the revelation that a terrorist ring intended "mass murder on an unimaginable scale," I've been finding it all too easy to imagine what it would have been like if the plotters had succeeded. We cannot assume, for obvious legal reasons, that the suspects who were charged in London are anything other...
  • This Might Not Be A World War, But It Still Needs A Sense Of Urgency

    07/23/2006 5:29:30 PM PDT · by blam · 24 replies · 618+ views
    The Telegraph (UK) ^ | 7-23-2006 | Niall Ferguson
    This might not be a world war, but it still needs a sense of urgency By Niall Ferguson (Filed: 23/07/2006) This is not the first time that world leaders have had their summers ruined by "a quarrel in a far-away country between people of whom we know nothing". In the summer of 1938, the quarrel between Germans and Czechs over the Sudetenland - which inspired Neville Chamberlain's notorious phrase - brought Europe to the brink of war. Chamberlain's shuttle diplomacy, which saw him fly three times to see Hitler in Germany, was inspired by memories of an earlier quarrel over...
  • Heat and youth: the fatal fuel of this escalating Summer of Rage

    07/16/2006 9:38:07 AM PDT · by alnitak · 18 replies · 811+ views
    The Sunday Telegraph ^ | (Filed: 16/07/2006) | Niall Ferguson
    Are we heading for a Summer of Rage? A generation ago, young Americans flocked to San Francisco with flowers in their hair for a hippie Summer of Love. But today the potent combination of young people and sunny weather is producing something very different. The Sixties slogan was "Make Love Not War". The 2006 slogan seems to be the very opposite. From Mumbai to Mogadishu, from Helmand to Haifa, the past week has seen an eruption of violence. Around 200 people were killed on Tuesday when a succession of bombs exploded along what was once Bombay's Western railway line. Suspicion...
  • The March of Islam

    05/20/2006 7:46:11 PM PDT · by 1066AD · 6 replies · 641+ views
    The Sunday Telegraph (UK) ^ | 5/21/2006 | Niall Ferguson
    The march of Islam (Filed: 21/05/2006) Nuclear power is not the only weapon Iran has at its disposal – its population is growing seven times faster than Britain’s. In this exclusive extract from his new book, Niall Ferguson reveals how Islam is winning the numbers game For many people the end of the 20th Century was 'the triumph of the West'. Writing in 1989, Francis Fukuyama argued that the crumbling of Soviet Communism marked 'the end of history'. Capitalism, liberalism and democracy had emerged as the victors of the century's protracted ideological conflicts. Numbers game: Friday prayers at Kadhimiya shrine...
  • Watch out, this 'lame duck' president has nothing to lose [Iranians: Please note]

    03/14/2006 12:04:04 PM PST · by aculeus · 17 replies · 1,089+ views
    The Daily Telegraph (UK) ^ | March 12, 2006 | Niall Ferguson
    [snip] Congressmen should beware of underestimating this president as others have done in the past. They should remember that a second-term president is not necessarily a lame duck. He is also a man with nothing to lose. So my guess is that Bush is going to bite back. And the obvious way for him to do this is over Iran. Last Tuesday Vice-President Dick Cheney gave a speech in which he bluntly declared: "We will not allow Iran to have a nuclear weapon." Remind you of anything? It was Cheney who set the pace four years ago, as the administration...
  • For all those who miss the Cold War (especially Mr Putin), some bad news…

    01/28/2006 8:00:43 PM PST · by aculeus · 11 replies · 660+ views
    The Sunday Telegraph (UK) ^ | January 29, 2006 | By Niall Ferguson
    I miss the Cold War. I know I ought not to, but I just can't help it. So I was naturally delighted by last week's spy story. Admittedly, as one of the papers here cruelly remarked, it was more Johnny English than James Bond. In a television documentary that had Kremlin fingerprints all over it, four British embassy staff were accused of being spooks. Blurred video footage purported to show them fiddling with a rock in a Moscow suburb. Now, the young men and women the Foreign Office traditionally recruits are the type of people who do enjoy fiddling with...
  • The origins of the Great War of 2007 - and how it could have been prevented

    01/16/2006 9:28:48 AM PST · by B.Bumbleberry · 51 replies · 2,056+ views
    Daily Telegraph ^ | January 15, 2005 | Niall Ferguson
    Are we living through the origins of the next world war? Certainly, it is easy to imagine how a future historian might deal with the next phase of events in the Middle East: With every passing year after the turn of the century, the instability of the Gulf region grew. By the beginning of 2006, nearly all the combustible ingredients for a conflict - far bigger in its scale and scope than the wars of 1991 or 2003 - were in place. The first underlying cause of the war was the increase in the region's relative importance as a source...
  • The origins of the Great War of 2007 - and how it could have been prevented

    01/15/2006 10:04:04 AM PST · by weef · 52 replies · 2,311+ views ^ | 1/15/2006 | Niall Ferguson
    With every passing year after the turn of the century, the instability of the Gulf region grew. By the beginning of 2006, nearly all the combustible ingredients for a conflict - far bigger in its scale and scope than the wars of 1991 or 2003 - were in place. The first underlying cause of the war was the increase in the region's relative importance as a source of petroleum. On the one hand, the rest of the world's oil reserves were being rapidly exhausted. On the other, the breakneck growth of the Asian economies had caused a huge surge in...