Found 32 article(s) for author 'Niall Ferguson'

Niall Ferguson: America’s Global Retreat

Niall Ferguson: America’s Global Retreat. Niall Ferguson, February 27, 2014, Opinion. “Since former Federal Reserve Chairman Ben Bernanke uttered the word “taper” in June 2013, emerging-market stocks and currencies have taken a beating. It is not clear why talk of (thus far) modest reductions in the Fed’s large-scale asset-purchase program should have had such big repercussions outside the United States. The best economic explanation is that capital has been flowing out of emerging markets in anticipation of future rises in U.S. interest rates, of which the taper is a…” May require purchase or user account. Link verified August 21, 2014

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Niall Ferguson on the Global Economy

Niall Ferguson on the Global Economy. Niall Ferguson, February 10, 2014, Video. “Niall Ferguson is a leading historian on the global economy. Niall combines his thirst for knowledge with his knack for controversy in electrifying keynotes on everything from the strengths and limitations of American global power, the costs and benefits of economic globalization, and the interface between finance and politics. Ferguson is the Laurence A. Tisch professor of history at Harvard University, as well as a senior fellow at Stanford University’s Hoover Institution and a senior research fellow at Jesus College, Oxford. A weekly columnist…” Link verified August 21, 2014

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Rehab World

Rehab World. Niall Ferguson, January 8, 2014, Opinion. “Perhaps we should call 2013 the year of Winehouse economics. As the late English chanteuse Amy Winehouse sang: “They tried to make me go to rehab, but I said ‘No, no, no.’” In 2013, the singers were the world’s most important central banks, led by the Federal Reserve. In the summer, both the Fed and the People’s Bank of China signaled their intention to normalize monetary policy. Fed Chairman Ben Bernanke talked openly of “tapering” the Fed’s policy of open-ended bond purchases, also known as quantitative easing (QE). PBOC Governor Zhou Xiaochuan actually did try to rein in his country’s runaway credit growth…” Link verified March 28, 2014

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Get Off the Budget Treadmill

Get Off the Budget Treadmill. Niall Ferguson, December 5, 2013, Opinion. “It is politics that explains why, according to the Congressional Budget Office, the federal government will likely run a deficit every year from now until 2038. It is politics that explains why President Obama and Congress have been unable to agree on the reforms of taxation and entitlements that are so manifestly needed. And it is politics that explains why, before too long, Washington insiders will be back to the usual brinkmanship over government funding and borrowing. Most economists would agree that the politicization of monetary policy has undesirable consequences, like…” Link verified April 3, 2014

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Niall Ferguson – Blog

Niall Ferguson – Blog. Niall Ferguson, December 2013, Opinion. “Back on November 15, 2010, I was one of the signatories of the following letter, addressed to the Chairman of the Federal Reserve, Ben Bernanke, which was published in the Wall Street Journal: We believe the Federal Reserve’s large-scale asset purchase plan (so-called “quantitative easing”) should be reconsidered and discontinued. We do not believe such a plan is necessary or advisable under current circumstances. The planned asset purchases risk currency debasement and inflation, and we do not think they will achieve the Fed’s objective…” Link verified August 21, 2014

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GEM13: Niall Ferguson on the global economic conundrum

GEM13: Niall Ferguson on the global economic conundrum. Niall Ferguson, November 28, 2013, Video. “At the 2013 Global Empowerment Meeting, Niall Ferguson attempts to make sense of the current economic situation from a historical perspective. Are we re-visiting the 1970s when rich countries stagnated in an economic morass, while natural resource exporters boomed? And what is to come: will our era be followed by a decade like the 1980s, when developed countries rebounded and natural resource economies collapsed? Or, are there other historical parallels more enlightening for today’s context?….” Link verified August 21, 2014

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The U.S. and China Both Need Economic Rehab

The U.S. and China Both Need Economic Rehab. Niall Ferguson, November 6, 2013, Opinion. “Nearly seven years have passed since we coined the word Chimerica in these pages to characterize the symbiotic relationship between China and America. Few today would dispute that op-ed’s original point: that the unbalanced economic relationship between China and America posed a threat to global financial stability. Without the flow of Chinese savings into U.S. dollars, as a result of Beijing’s large-scale currency intervention and reserve accumulation, American interest rates would surely have been higher and the housing bubble would have inflated less…” Link

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Will The Rest Of The World Catch Up To The West?

Will The Rest Of The World Catch Up To The West? Niall Ferguson, October 18, 2013, Video. “Historian Niall Ferguson explains why, when it comes to amassing wealth, it’s been the West versus the rest for the past 500 years. He suggests six killer apps that promote wealth, stability and innovation — and are now shareable. Niall Ferguson teaches history and business administration at Harvard University and is a senior research fellow at several other universities, including Oxford. He has written about everything from German politics during the era of inflation to a financial history of the world…” Link verified March 28, 2014

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Niall Ferguson Takes on Paul Krugman

Niall Ferguson Takes on Paul Krugman. Niall Ferguson, October 10, 2013, Video. “This week, Harvard professor and author Niall Ferguson took on Paul Krugman in a series of op-eds on The Huffington Post. He joins Alyona to talk about “Krugtron The Invincible…” Link verified August 21, 2014

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