As a teacher, my strategy is to encourage questioning. I'm the least authoritarian professor you'll ever meet.
Niall FergusonWhen bond prices fall, interest rates soar, with painful consequences for all borrowers.
Niall FergusonIf young men have jobs - or the prospects of jobs - they are less likely to take up arms, they are less likely to join the resistance.
Niall FergusonThe West may collapse very suddenly. Complex civilizations do that, because they operate, most of the time, on the edge of chaos.
Niall FergusonThe British press has an insatiable appetite for making public things that should be private. It's a prurience that I've never understood.
Niall FergusonI refuse to accept that Western civilization is like some hopeless old version of Microsoft DOS, doomed to freeze, then crash. I still cling to the hope that the United States is the Mac to Europe's PC, and that if one part of the West can successfully update and reboot itself, it's America.
Niall Ferguson