The Great Degeneration: How Institutions Decay And Economies Die

The Great Degeneration: How Institutions Decay And Economies Die

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From Renowned Historian Niall Ferguson, A Searching And Provocative Examination Of The Widespread Institutional Rot That Threatens Our Collective Futurewhat 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 Institutionsthe Intricate Frameworks Within Which A Society Can Flourish Or Failare Degenerating.Representative Government, The Free Market, The Rule Of Law, And Civil Societythese Are The Four Pillars Of West European And North American Societies. It Was These Institutions, Rather Than Any Geographical Or Climatic Advantages, That Set The West On The Path To Global Dominance Beginning Around 1500. In Our Time, However, These Institutions Have Deteriorated In Disturbing Ways. Our Democracies Have Broken The Contract Between The Generations By Heaping Ious On Our Children And Grandchildren. Our Markets Are Hindered By Overcomplex Regulations That Debilitate The Political And Economic Processes They Were Created To Support; The Rule Of Law Has Become The Rule Of Lawyers. And Civil Society Has Degenerated Into Uncivil Society, Where We Lazily Expect All Of Our Problems To Be Solved By The State.It Is Institutional Degeneration, In Other Words, That Lies Behind Economic Stagnation And The Geopolitical Decline That Comes With It. With Characteristic Verve And Historical Insight, Ferguson Analyzes Not Only The Causes Of This Stagnation But Also Its Profound Consequences.The Great Degeneration Is An Incisive Indictment Of An Era Of Negligence And Complacency. While The Arab World Struggles To Adopt Democracy And China Struggles To Move From Economic Liberalization To The Rule Of Law, Our Society Is Squandering The Institutional Inheritance Of Centuries. To Arrest The Breakdown Of Our Civilization, Ferguson Warns, Will Take Heroic Leadership And Radical Reform.

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Frequently Asked Questions

  • Q: What is the main theme of 'The Great Degeneration'? A: The main theme of 'The Great Degeneration' is the decline of institutions that support society and the economy, leading to stagnation and potential collapse. Niall Ferguson explores how the deterioration of government, markets, the rule of law, and civil society impacts our collective future.
  • Q: Who is the author of 'The Great Degeneration'? A: The author of 'The Great Degeneration' is Niall Ferguson, a renowned historian known for his works on economic history and the role of institutions in societal development.
  • Q: What type of book is 'The Great Degeneration'? A: 'The Great Degeneration' is a hardcover book that offers a critical analysis of economic and institutional decline in modern societies, presenting historical insights and arguments.
  • Q: When was 'The Great Degeneration' published? A: 'The Great Degeneration' was published on June 13, 2013.
  • Q: How many pages does 'The Great Degeneration' have? A: 'The Great Degeneration' contains 192 pages.
  • Q: What is the condition of the book being sold? A: The book is listed as 'New' and is in good condition.
  • Q: What are the key features of 'The Great Degeneration'? A: Key features of 'The Great Degeneration' include its examination of institutional decay, analysis of economic stagnation, and insights into the historical context of societal decline.
  • Q: Is there a specific edition of 'The Great Degeneration'? A: Yes, the book is available in its First Edition.
  • Q: What category does 'The Great Degeneration' fall under? A: 'The Great Degeneration' is categorized under Economic Conditions.
  • Q: Can 'The Great Degeneration' help me understand current economic issues? A: Yes, 'The Great Degeneration' provides a historical perspective that can help readers understand contemporary economic issues by analyzing the decline of institutions that support economic growth.