Great Degeneration: How Institutions Decay and Economies Die

Niall Ferguson

From the bestselling author of The Ascent of Money and The Square and the Tower, a searching and provocative examination of the widespread institutional rot that threatens our collective future What causes rich countries to lose their way?

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Book Information

Publisher: Penguin Books
Publish Date: 06/24/2014
Pages: 174
ISBN-13: 9780143125525
ISBN-10: 0143125524
Language: English

Full Description

From the bestselling author of The Ascent of Money and The Square and the Tower, 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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