Not here. "How (not) to pay for the war: Traditional finance and total war" in Roger Chickering and Stig Förster (eds.). That Germany was a highly militarist country before 1914 (Ferguson claims Germany was Europe's most anti-militarist country). But philosophically, it’s hard to find common ground between them. Niall Ferguson, MA, D.Phil., is Laurence A. Tisch Professor of History at Harvard University. ", In 2011, Ferguson predicted that Grexit (the notion of Greece leaving the Euro currency) was unlikely to happen, but that Britain would leave the European Union in the near future as it would be easier for Britain to leave the EU owing to the fact it was not part of the Eurozone and that returning to a national currency would be harder for countries who had signed up to a single currency. , Ferguson was born in Glasgow, Scotland, on 18 April 1964 to James Campbell Ferguson, a doctor, and Molly Archibald Hamilton, a physics teacher. If you've enjoyed this interview, please support us by donating a small amount. That the British and the French had the better armies (Ferguson claims the German Army was superior).  Ferguson argued that a quintumvirate of Trump, Putin, Xi, May and Le Pen was the world's best hope for peace and prosperity. But if the effect of that is to bring people in that country economic and political freedom, to raise their standard of living, to increase their life expectancy, then don't rule it out.. At that time, he was lead writer for The Daily Telegraph, and a regular book reviewer for The Daily Mail.  In 2016 Ferguson left Harvard to become a senior fellow at the Hoover Institution, where he had been an adjunct fellow since 2005. Harvard historian Niall Ferguson tells us about the diverse influences on his work, from Keynes and Tolstoy to an Austrian satirist. ", Ferguson married journalist Sue Douglas in 1994 after meeting in 1987 when she was his editor at The Sunday Times. Every year since 2013 the Russian Book Prize run by Pushkin House, a UK charity, has carried out the important task of drawing attention to books that "encourage public understanding and intelligent debate about the Russian-speaking world." “A famous victory,” I wrote the morning after the Murray event. This site has an archive of more than one thousand interviews, or five thousand book recommendations.  Bennett's character "Irwin", writes David Smith of The Observer, gives the impression that "an entire career can be built on the trick of contrariness. Carr adds that "Ferguson sees the recent establishment of a department of Islamic studies in his (Oxford college) as another symptom of 'the creeping Islamicization of a decadent Christendom'," and in a 2004 lecture at the American Enterprise Institute entitled 'The End of Europe? And the faint-hearted—those who were so quick to pull out of Iraq in 2009 that they allowed the rump of al-Qaeda to morph into Isis.  The U.S. is an empire in denial, not acknowledging the scale of global responsibilities. Conversations host Harry Kreisler welcomes historian Niall Ferguson of the Hoover Institution who is the 2016 Underhill Lecturer at Berkeley. " "Niall Ferguson has again written a brilliant book," wrote Deirdre McCloskey in The Wall Street Journal, "this time in defence of traditional top-down principles of governing the wild market and the wilder international order. He is also a Senior Fellow at the Hoover Institution, Stanford University, and a … It's all very well for us to sit here in the West with our high incomes and cushy lives, and say it's immoral to violate the sovereignty of another state. Ferguson resigned from leadership of the program once university administrators became aware of his actions. Smith’s view of the world, for instance, was influenced by his Scottish blood. In the lecture, Ferguson says young voters should be more supportive of government austerity measures if they do not wish to pay further down the line for the profligacy of the baby boomer generation.. That most people were happy with the outbreak of war in 1914 (Ferguson claims that most Europeans were saddened by the coming of war). Christianity was very important to Tolstoy’s life and work. From 2010 to 2011, Ferguson held the Philippe Roman Chair in history and international affairs at the London School of Economics. We publish at least two new interviews per week. Niall Campbell Ferguson (/ˈniːl/; born 18 April 1964) is a Scottish-American historian and the Milbank Family Senior Fellow at the Hoover Institution at Stanford University. On the contrary, Ferguson maintained that Germany waged a preventive war in 1914, a war largely forced on the Germans by reckless and irresponsible British diplomacy. The Square and the Tower raises the question of just how much the unruly world should be governed – and by whom. 175–183 from, Wilson, Jon "Niall Ferguson's Imperial Passion" pages 175-183 from, Learn how and when to remove this template message, Paul H. Nitze School of Advanced International Studies, New York University Stern School of Business, National Institute of Economic and Social Research, 2016 United Kingdom European Union membership referendum, The Ascent of Money: A Financial History of the World, The Square and the Tower: Networks, Hierarchies and the Struggle for Global Power, "Harvard University History Department — Faculty: Niall Ferguson", "Niall Ferguson: admirable historian, or imperial mischief maker? ', in which he laments the 'de-Christianization of Europe' and the secularism of the continent that leaves it 'weak in the face of fanaticism'." , Ferguson has been a contributing editor for Bloomberg Television and a columnist for Newsweek. "I very much regret the publication of these emails. "Introduction to Tzvetan Todorov" in Nicholas Owen (ed.). He said that Freudianism was the disease for which it purported to be the cure. This stunning fact is lost, he regrets, on a generation that has supplanted history's sweep with a feeble-minded relativism that holds "all civilisations as somehow equal".  In the same column, Ferguson advised Trump not to engage in a trade war with China, and work with President Xi Jinping to create a US-Chinese partnership. By 1913, at the height of empire, the West controlled almost 60% of the territories, which together generated almost 80% of the wealth. He received a demyship from Magdalen College in Oxford and graduated with his Doctor of Philosophy in 1989. In an article from November 2016 in The Boston Globe, Ferguson advised that Trump should support the efforts of Prime Minister Theresa May to have Britain leave the European Union as the best way of breaking up the EU, and sign a free trade agreement with the United Kingdom once Brexit is complete. He is the author of Paper and Iron, The House of Rothschild, The Pity of War, The Cash Nexus, Empire, Colossus, The War of the World, The Ascent of Money, High Financier, Civilization, The Great Degeneration, Kissinger, 1923-1968: The Idealist, and The Square and the Tower. , Ferguson posted an apology for these statements shortly after reports of his words were widely disseminated, saying his comments were "as stupid as they were insensitive". War and Peace (Book) That most soldiers hated fighting in the war (Ferguson argues most soldiers fought more or less willingly). , In May 2009, Ferguson became involved in a high-profile exchange of views with economist Paul Krugman arising out of a panel discussion hosted by PEN/New York Review on 30 April 2009, regarding the U.S. economy.  Marxist historian Eric Hobsbawm had praised Ferguson as an excellent historian, but criticised him as a "nostalgist for empire".  Ferguson was also an adviser to Morgan Stanley, the investment bank. "The balance of payments question: Versailles and after" in Manfred F. Boemeke, Gerald D. Feldman and Elisabeth Glaser (eds.). "Globalization in historical perspective: The political dimension", in Michael D. Bordo, Alan M. Taylor and Jeffrey G. Williamson (eds.).  Ferguson compared the modern European Union to the Western Roman Empire, describing modern Europe as not that different from the world depicted by Edward Gibbon in his book The Decline and Fall of the Roman Empire. "Europa nervosa", in Nader Mousavizadeh (ed.). Read You need to have a combination of monetary and fiscal policies in a crisis like this. I would ask the people who call themselves Keynesians to read Keynes. Read I was entirely riveted by Kraus’s central theme, which is that the First World War could to some extent be understood as a media-driven event. Ferguson argues however that the British Empire was preferable to the alternatives: The 19th-century empire undeniably pioneered free trade, free capital movements and, with the abolition of slavery, free labour.  Ferguson demanded an apology and threatened to sue Mishra on charges of libel due to allegations of racism. That naval challenges mounted by Germany drove Britain into informal alliances with France and Russia before 1914 (Ferguson claims the British chose alliances with France and Russia as a form of appeasement due to the strength of those nations, and an Anglo-German alliance failed to materialize due to German weakness). The Wealth of Nations [a response to Diane Coyle]", "Paul Krugman Bashes Niall Ferguson's Newsweek Cover Story As 'Unethical, "Ferguson's Newsweek Cover Rebuttal: Paul Krugman Is Wrong", "The Age of Niallism: Ferguson and the Post-Fact World", "Niall Ferguson apologises for remarks about 'gay and childless' Keynes", "Harvard's Niall Ferguson Blamed Keynes' Economic Philosophy On His Being Childless And Gay", "Harvard Professor Trashes Keynes For Homosexuality", "Bitcoin may go pop, but its revolution will go on | Niall Ferguson | Journalism", "Niall Ferguson joins blockchain project Ampleforth", https://www.youtube.com/watch?v=zxFe7-kVv4g, https://www.thetimes.co.uk/article/one-nation-under-germany-ll9hkzcbtlr, https://www.youtube.com/watch?v=_r8eDIIo3fw, http://www.niallferguson.com/journalism/politics/sorry-i-was-wrong-to-fight-brexit-to-keep-my-friends-in-no-10-and-no-11, "Professor Paul Krugman at war with Niall Ferguson over inflation", "Henry Kissinger watches historian Niall Ferguson marry Ayaan Hirsi Ali under a fatwa", "Ayaan Hirsi Ali (42) bevalt van een zoon", "Ayaan Hirsi Ali gives birth to baby boy", "Ayaan Hirsi Ali is bevallen van zoon Thomas", "Britain Trumped: I'm an American citizen at last", "Brad DeLong : Keynesian Economics: The Gay Science? Volume I. , In February 2010, news media reported that Ferguson had separated from Douglas and started dating former Dutch MP Ayaan Hirsi Ali. I use the term “vulgar Keynesian” deliberately, because I think Keynes would be rather appalled at the way his name is used these days to justify policies that are reckless. I remember my father once left The Wealth of Nations on my bed, and said “read that”. Let’s turn our eye to history and politics. Read Will Newsweek? The rulers of western Africa prior to the European empires were not running some kind of scout camp.  Ferguson argues that in the coming years will see a steady decline of the West and China and the rest of the Asian nations will be the rising powers. A major obstacle to Western-style economic dynamism was that the large and monopolistic power of the emperor had the homogenising effect of imperial bureaucracy. Saturday. By Niall Ferguson Networks, it seems, are everywhere today. A Tract on Monetary Reform When you start from that position, it’s much harder to make Keynesian policies work. "The European economy, 1815–1914" in T.C.W. In it Ferguson predicts a financial crisis as a result of the world economy and in particular the United States using too much credit.