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. 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. George melloan reviews niall fergusons the great degeneration how institutions decay and economies die. The great degeneration how institutions decay and economies die by niall ferguson penguin press 2695 153 pages niall ferguson is an acclaimed economic historian he has authored a number of . In his new book the great degeneration harvard historian niall ferguson draws upon a range of social sciences including his own field of history to develop what might be called an extraeconomic explanation for the slowdown in the rate of growth in many economies of north america and europe i say extraeconomic because economics forms a
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