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The Great Degeneration How Institutions Decay and Economies Die.

-- The Great Degeneration Representative government, the free market, the rule of law, and civil society?these 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.

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  • "-- The Great Degeneration Representative government, the free market, the rule of law, and civil society?these 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."@en
  • "One of the great puzzles of history is how best to explain the fate of nations - the wheel of fortune that raises up some and throws down others. There are a bewildering range of explanations, mostly contradicting one another, and embracing everything from climate to resources, from technology to plain luck. All societies are linked however by perhaps the most remarkable, tangled and elaborate of human inventions - the institutions that hold us together."
  • ""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 ... is that our institutions--the intricate frameworks within which a society can flourish or fail--are degenerating"--Dust cover flap."

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  • "History"
  • "Electronic books."
  • "Electronic books."@en

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  • "The Great Degeneration How Institutions Decay and Economies Die."@en
  • "The great degeneration how institutions decay and economies die /"@en
  • "The great degeneration how institutions decay and economies die /"
  • "The great degeneration : how institutions decay and economies die /"@en
  • "The great degeneration : how institutions decay and economies die /"