Global Macro Perspectives
“It’s quite striking how complex civilizations can fall apart really, really quickly… we seem at the moment, bombarded by shock events,” Niall Ferguson, Professor of History at Harvard University and author of ‘The Ascent of Money’ told CNBC on Western civilization.
No secret I’m a big fan of Niall Ferguson. This is a great lecture on empire declines.
After reading Niall Ferguson’s great essay in the yesterday’s WSJ, I can recommended a great book (accompanied by TV series on DVD) from the same author.
Author tells the story of money and it’s importance in building today’s civilization. Niall Ferguson writes in comprehensive langue and uses anecdotes and specific historical events to paint a broader picture of past and present global economy…
The Wall Street Journal Link: In China’s Orbit.
I will post the whole article, as I find it great and the original link doesn’t work well. Hope the WSJ people won’t mind… I promise I won’t do it again.
FT.com Opinion Piece: Today’s Keynesians have learnt nothing. Great piece by the world most famous historian. Expansionary policy leads only to increase in debt, inflation and subsequent losses by the creditors. It was said of the Bourbons that they forgot nothing and learned nothing. The same could easily be said of some of today’s latter-day Keynesians. […]