The Great Degeneration: How Institutions Decay and Economies Die

Niall Ferguson, a senior fellow at the Hoover Institution, discussed the falling quality of American institutions in his talk entitled “The Great Degeneration: How Institutions Decay and Economies Die.” His book of the same name is available on Amazon. Ferguson focuses on China and the United States as examples of institutional improvement in the developing world and institutional degeneration in the developed world, emphasizing economics, politics, and education policies. Ferguson’s book Civilization, which discusses the “six killer applications for Western civilization,” is also available on Amazon.