One of the main arguments that I make in my new book, 'The Great Degeneration,' is that the rule of law in the U.S. is becoming the rule of lawyers. Niall Ferguson argumentbookdegeneration Change image and share on social
I think the rise of quantitative econometrics and a highly mathematical approach to risk management was the obverse of a decline in interest in financial history. Niall Ferguson approachdeclineeconometric Change image and share on social
The great thing about behavioural psychology and economics is that they help us to see that there are actually pretty good reasons why human beings swing from greed to fear, and why we're not really calculating machines or utility-maximisers. Niall Ferguson behaviouralbeingcalculate share on social
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. 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. Niall Ferguson bringcountrycushy share on social
As a financial historian, I was quite isolated in Oxford - British historians are supposed to write about kings - so the quality of intellectual life in my field is much higher at Harvard. The students work harder there. Niall Ferguson britishfieldfinancial share on social
I think that it is important to be gregarious, and that friendships are not just a leisure pursuit, that they are an integral part of what it is to be human, and one does better work if one has a circle of friends that is active. Niall Ferguson activecirclefriend share on social
If being rightwing is thinking that Karl Marx's doctrine was a catastrophe for humanity, then I'm rightwing. Niall Ferguson catastrophedoctrinehumanity Change image and share on social
The debate that I'm interested in having is with seriously smart people about how we design institutions in the 21st century that will genuinely address problems of poverty and educational underachievement. Niall Ferguson 21staddresscentury share on social
When I first came to Oxford, I struggled to feel comfortable in an Anglican, public school-dominated institution. Niall Ferguson anglicancomfortabledominate Change image and share on social
It's not surprising so many people end up with credit-card debts. Saving for your retirement and buying a house are difficult things, and we don't educate people about them at all. Niall Ferguson buycardcredit Change image and share on social