The Great Degeneration: How Institutions Decay and Economies Die

The Great Degeneration: How Institutions Decay and Economies Die

by Niall Ferguson
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ISBN:
9780143125525
Dimensions (WxH):
5.25 x 8.0
Publisher:
Penguin Group USA
Publication Date:
June 24, 2014
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Overview

A searching and provocative examination of the widespread institutional rot that threatens our collective future

What causes rich countries to lose their way? Symptoms of decline are all around us today: slowing growth, crushing debts, increasing inequality, aging populations, antisocial behavior. But what exactly has gone wrong? The answer, Niall Ferguson argues in The Great Degeneration, is that our institutions—the intricate frameworks within which a society can flourish or fail—are degenerating. With characteristic verve and historical insight, Ferguson analyzes the causes of this stagnation and its profound consequences for the future of the West. The Great Degeneration is an incisive indictment of an era of negligence and complacency—and to arrest the breakdown of our civilization, Ferguson warns, will take heroic leadership and radical reform.

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Other Books by This Author
The Ascent of Money: A Financial History of the World
Colossus: The Rise and Fall of the American Empire
High Financier: The Lives and Time of Siegmund Warburg by Ferguson, Niall
The Cash Nexus: Money and Power in the Modern World, 1700-2000