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The Great Degeneration

↠ The Great Degeneration ☆ Niall Ferguson ↠ The Great Degeneration ☆ Niall Ferguson - The Great Degeneration, The Great Degeneration The decline of the West is something that has long been prophesied Symptoms of decline are all around us today it seems slowing growth crushing debts aging populations anti social behaviour But wh

  • Title: The Great Degeneration
  • Author: Niall Ferguson
  • ISBN: -
  • Page: 400
  • Format: Kindle Edition

↠ The Great Degeneration ☆ Niall Ferguson, The Great Degeneration, Niall Ferguson, The Great Degeneration The decline of the West is something that has long been prophesied Symptoms of decline are all around us today it seems slowing growth crushing debts aging populations anti social behaviour But what exactly is amiss with Western civilization The answer Niall Ferguson argues is that our institutions the intricate frameworks within which a society can flourish orThe decl

The Great Degeneration

↠ The Great Degeneration ☆ Niall Ferguson ↠ The Great Degeneration ☆ Niall Ferguson - The Great Degeneration, The Great Degeneration The decline of the West is something that has long been prophesied Symptoms of decline are all around us today it seems slowing growth crushing debts aging populations anti social behaviour But wh The Great Degeneration

  • ↠ The Great Degeneration ☆ Niall Ferguson
    400Niall Ferguson
The Great Degeneration

448 Comment The Great Degeneration

  1. Why Nations FailFerguson tells us that according to Adam Smith himself, countries can be said to have arrived at the stationary state when their laws and institutions degenerate to the point that elite rent seeking dominates the economic and political process The book makes a case that this is how it is in the Western world today To illustrate this, Ferguson chooses four important sectors and examines them and shows that each of them is degenerating There is of course an implicit assumption here [...]


  2. There seem to be two or perhaps Niall Fergusons out there One is a very accomplished historian, who, starting with work on German inflation and a biography of the House of Rothschild and on into The Cash Nexus, established his bona fides as a historian, especially in the financial realm His The Pity of War and The War of the World move into thoughtful considerations of the great upheavals of the 20th century In addition the books, he parlayed his work into televised programs More recently, his [...]


  3. Short review I think Ferguson is full of crap Moderate, amateur review I don t have the training or the IQ to debate this guy head to head, but I suspect three fourths of what he says is crap Ferguson s basic thesis is that the West is in a state of degeneration, or stagnation, due to overregulation, government intrusion into civic life, and a rule of lawyers rather than a rule of law, among other things Our glory days are over since we are no longer ascending, we re vulnerable to competition an [...]


  4. Contrary to The Economist, I did not quite find this book a dazzling history of Western ideas Many of those ideas that might be worthwhile are never properly explained In summary, the degeneration of Western society is caused by strangling the economy with excess regulation, robbing the next generation with debt, undermining rule of law with lawyer hegemony, and delegating civic responsibility from society to the state But how can we discuss degeneration without knowing what the goals of a socie [...]


  5. A lot of the reviews of this short book which is taken from a group of lectures seem to be grumpy about the conclusions or miss the argument Ferguson is a great historian I loved the Ascent of Money for its breadth This book suggests that four institutions are critical to what the founders called happiness He argues that each is in a state of decline and concludes those declines have long term consequences Institutions are key to economic growth he names four democracy, capitalism, the rule of l [...]


  6. The Great Degeneration is not a hard or long read Unfortunately, it s is also not a good read, as Ferguson never gets around to proving his point the how or why our institutions in the West are failing Ferguson focuses on four areas of our society democracy, market capitalism, the rule of law, and civil society, and attempts to show how each of these institutions have greatly regressed, to the point where the West is now in stagnation He traces the history of these institutions, how they develop [...]


  7. One of the most interesting books I ve read in recent years was Niall Ferguson s Civilization The West and the Rest, an examination of the extraordinary rise of Western Civilization relative to the rest of the world and the causes that seem to be at the root of its apparent decline Ferguson s newest book The Great Degeneration How Institutions Decay and Economies Die continues that examination, looking at why rich countries, as he puts it, lose their way With a page count a bit lower than Civili [...]



  8. The Great Degeneration is another book that ought to be mandatory reading for every American but then someone would have to translate it to a seventh grade reading level so most of us could understand it Ferguson is not at all optimistic about the future of Western Culture and America in particular He sights the usual suspects our overwhelming public and private debt, our inept government regulation of business and banking, the total lack of appropriate punishment for those responsible for our f [...]


  9. Honestly, I agreed with some of the points he made, but Ferguson uses examples and quotes without context This is quite strange to me as he is a historian and should know that it is important to explain context However, I was quite disappointed with his fourth chapter about the uncivil society in which he sounded like Old Man Yells At Clouds as he states that engagement is way down in terms of what he deems to be typical types of civil activity without expanded upon why the new generation has ta [...]


  10. The Great Degeneration was clearly written by a champion of capitalism While I don t agree with everything he said, I really liked his opinion about education He posited that education solely directed by the government delivers poor results In order for there to be a strongly educated populace there needs to be both public and private educational institutions He touted the success rates of charter schools in American and suggested the voucher system in Denmark shows remarkable results All in all [...]


  11. Edmund Burke, the intellectual father of conservatism, famously pointed out that the real social contract is not between the rulers and the ruled, as Rousseau had it, but rather, between those who are living, those who are dead, and those who are to be born Niall Ferguson, in this little book, explains that present day Western governments and others, too are happy to commit themselves to costly but vote catching social provisions that have to be financed by government borrowing What governments [...]


  12. A full executive summary of this book is available here newbooksinbrief 2013 06 25Over the past half millennium the West has built up a substantial lead over other parts of the world when it comes to both economic power and material standard of living Now, however, this lead is slipping away Indeed, developing nations led by such powers as China and India are quickly closing the gap, as they are experiencing impressive economic growth, while the West is stagnating Many argue that this is the nat [...]


  13. This wonderfully thought provoking book is all but impossible to put down once you begin Sheer joy, thus, that it s not terribly long economic historian Niall Ferguson is pithy and concise The author is known, and sometimes derided by some serious historians, for his popularity, yet, his prose is art He samples from the work of many others, ranging from Robert Putnam s Bowling Alone , the work of Nobel Prize winning economist Douglas North and legal scholar Richard Posner, in this wide ranging a [...]


  14. Niall Ferguson has published this book from a group of lectures His thesis is that the West is in decline, and he explains that it s than just unregulated financial markets He quotes a lot from current and classic Adam Smith economists Ferguson says he s not an economist he writes about economic history, so he takes a historical perspective He says the four pillars of our way of life representative government, free markets, the rule of law, and civil society non political volunteer organization [...]


  15. This rather slim and single flight readable book lays out the maladies that are causing the western world to lose out It s a bit of a grumpy old man piece in that the outcome seems to now be sealed and Ferguson didn t give us the expected here is how to solve it ideas On a per page basis, the book is dense with thoughts backed by facts and research, but written in a digestible manner Ultimately, however, one of the many Bizarro Fergusons on the left could provide antithetical thoughts backed by [...]


  16. I really am not sure what to think of this book On the one hand, it brings up themes that serve as foundations to western civilization which Ferguson does a good job of explaining On the other hand, the cherry picking sprinkled with personal examples he uses as evidence fall short, especially since there some self contradiction in wat he writes Also, there were a few times when he started on a theme, and struck a different tangent, as if stating, wait, I have a better way of explaining this conc [...]


  17. Interesting ideas, but Ferguson jumps to conclusions with an ease that is a bit disturbing Correlation is not causation, after all.


  18. It has been several years since I read one of Ferguson s books I had the good fortune of sitting in his classroom at Oxford, and have followed the trajectory of his career beginning with his universally celebrated The Pity of War that reinvigorated debate concerning the First World War My last read of his was Colossus , which I read at the height of the Iraq war At that time, I found many of his arguments compelling, particularly that America and other western states with similar values should e [...]


  19. Thought provoking, albeit disconcerting, view of the current state of western civilization The discussion of civil society held particular resonance with me The following sums up the book nicely Countries arrive at the stationary state, as Adam Smith argued, when their laws and institutions degenerate to the point that elite rent seeking dominates the economic and political process I have tried to suggest that this is the case in important parts of the Western World today Public debt stated and [...]


  20. The Great Degeneration is a close examination of the undermining decay of the institutions that have made the West, and the Rest, great 1 Capitalism2 Democracy3 The Rule of Law with an emphasis on Private Property 4 Civil SocietyThe analysis is accessible and bleak, with only a little hope held out for success Readers interested in understanding how the West conquered the world, don t look to disease, technology, or colonization, would do well to read this book However, the consequences of the d [...]


  21. This is a well written, expertly argued book even if you do not agree with the author s conservative outlook Mr Ferguson makes excellent points about a nation s debt being used to sustain older members of society at the expense of the young and the unborn However, his beliefs about banking regulation, private schooling and the value of Paul Ryan are not ones I share Still, if you are on the left and looking for a rightwing political book to help keep your mind open, this is a good start.


  22. Ferguson, who was a McCain advisor, tackles the decline of the West in this short but packed book on why we are failing Lots of good info here You might not agree with him on everything but he is focused and crisp in his delivery Some great lines here like the rule of law being replaced by the rule of lawyers He comes down on regulation by the government but I don t quite buy his argument I completely agree with him that regulation should be simple and not complex and that throwing bankers in ja [...]


  23. Niall Ferguson is a right wing by ideology That is quite clear just a few pages into this book and the man himself admits to being a conservative later on I hate extremes of both kinds and on most occasions, I fancy myself to be on the right side of center But I don t know how far I would agree with Ferguson on his views That didn t deter me from enjoying the book It is well written except occasional quips that are meant to be clever in an off hand way but end up sounding childish and looks at s [...]


  24. Among his many works, Niall Ferguson s triad of Empire, Colossus, and Civilization form a sweeping commentary on the rise and stagnation of the West The Great Degeneration is a short coda to his previous books, and identifies looks at what has gone wrong in the West Adapted from the 2012 BBC Reith Lectures, Ferguson highlights four institutions key to democratic success, which are now broken Specifically he describes a breakdown in the generational social contract poorly regulated markets compli [...]


  25. I enjoyed much of the book, but the chapter on education really disappointed me Instead of using an objective approach, it seems to me that Ferguson laid out his prejudices about education rather than really looking into the issue The US and the UK are not places where I would go to find a good education system International studies show that certain Asian countries succeed really well On closer inspection and with a critical look at what the educations are like, few people in the West would adv [...]


  26. Ferguson argues that neither Max Weber s culture nor Jared Diamond s geography can explain the ascendancy of Western Europe Stagnation under monarchy was institutional dominated by rent seeking extractive elites He thinks the Glorious Revolution of 1688 was a key turning point, putting power in the hands of non hereditary elites that were inclusive and who needed institutions based on property rights.Non European countries have recently been moving toward a rule of law Meanwhile, says Ferguson [...]


  27. It is humbling in some ways to see the US economic current events looked at through the eye of history in that many of the events we are experiencing may not necessarily be unique in the scope of history I found the chapter on the decline of associations to be poignant and illuminating from the facts presented I have been a part of many associations and have experienced the perception of individuals who are always look at the world from the outside in, if you will Incredibly interesting to see i [...]


  28. Niall Ferguson seems to me to be rather driven by his ideology I get the impression that he first picks a stance, and then tries to find evidence supporting that It wasn t so bad inThe Ascent of Money A Financial History of the Worldwhich was a largely factual account, but this is his lectures in book form There were some good points about, for example, the decline of civic society.


  29. This is a very provocative book that is extremely well written by a brilliant historian The chapter on the necessity of virile civic institutions offered much food for thought.Paraphrase of best quote about a current problem in America We have gone from the rule of law to the rule of lawyers.


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