New Releases by Niall Ferguson

"The rise to global predominance of Western civilization is the single most important historical phenomenon of the past five hundred years. All over the world, an astonishing proportion of people now work for Western-style companies, study at Western-style universities, vote for Western-style governments, take Western medicines, wear Western clothes, and even work Western hours. Yet six hundred years ago the petty kingdoms of Western Europe seemed unlikely to achieve much more than perpetual internecine warfare. It was Ming China or Ottoman Turkey that had the look of world civilizations. How did the West overtake its Eastern rivals? And has the zenith of Western power now passed? In Civilization: The West and the Rest, bestselling author Niall Ferguson argues that, beginning in the fifteenth century, the West developed six powerful new concepts that the Rest lacked: competition, science, the rule of law, consumerism, modern medicine, and the work ethic. These were the "killer applications" that allowed the West to leap ahead of the Rest, opening global trade routes, exploiting newly discovered scientific laws, evolving a system of representative government, more than doubling life expectancy, unleashing the Industrial Revolution, and embracing a dynamic work ethic. Civilization shows just how fewer than a dozen Western empires came to control more than half of humanity and four fifths of the world economy"--Provided by English publisher.

Un viaggiatore che avesse circumnavigato il globo all''inizio del XV secolo sarebbe rimasto stupito dalle incredibili disparità fra l''emisfero orientale e quello occidentale. Infatti, mentre nella Pechino dei Ming era in costruzione la meravigliosa Città Proibita e in Asia Minore gli ottomani, impegnati nell''assedio di Costantinopoli, stavano per consolidare il loro impero, l''Inghilterra si presentava come un luogo di miseria e desolazione, tormentato dalla peste, da pessime condizioni igieniche e da sanguinosi conflitti. E negli altri litigiosi regni dell''Europa occidentale - Francia, Spagna e Portogallo - le cose non andavano meglio. L''idea che l''Occidente avrebbe dominato il resto del pianeta per i successivi cinquecento anni gli sarebbe sembrata, quindi, pura fantasia. Che cosa ha permesso che ciò accadesse? Per lo storico Niall Ferguson, la risposta va individuata in quelle che, con un''espressione presa a prestito dall''informatica, definisce "applicazioni vincenti ", cioè gli strumenti di civiltà di cui l''Occidente - a differenza dell''Oriente - ha saputo dotarsi: competizione (generata dalla decentralizzazione della vita politica ed economica), ricerca scientifica (in particolare in campo bellico), proprietà privata (e nascita dello Stato di diritto), medicina (e allungamento della vita media), consumismo (che ha dato il via alla Rivoluzione industriale) ed etica del lavoro (il collante morale necessario al nuovo ordinamento sociale). Occidente è, dunque, uno straordinario viaggio attraverso i secoli per capire come una cultura sia riuscita a produrre uno spettacolare progresso in termini di ricchezza economica, assetto politico-istituzionale e tecnologia. E come abbia potuto "contagiare" - con il fascino dell''idea di libertà e la forza irresistibile del mercato, ma anche con la violenza della guerra e del colonialismo - il resto del mondo, cambiandone per sempre la fisionomia. È solo attraverso l''indagine sulle radici di questa duratura supremazia che potremo comprendere se quello a cui stiamo assistendo in questi anni di profonda crisi economica e sociale è davvero il tramonto dell''Occidente e, insieme, l''alba di una nuova era.

In this groundbreaking biography, based on more than 10,000 hitherto unavailable letters and diary entries, Niall Ferguson returns to his roots as a financial historian to tell the story of the extraordinary Siegmund Warburg. A refugee from Hitler''s Germany, Warburg rose to become the dominant figure in the post-war City of London and one of the architects of European financial integration. Seared by events in the 1930s, when the long-established Warburg bank was first almost destroyed by the Depression and then ''Aryanized'' by the Nazis, Warburg was determined that his own bank would learn from the past and contribute to the economic recovery of Britain, the unity of Western Europe and the birth of globalization. Siegmund Warburg was a complex and ambivalent man, as much a psychologist, politician and actor-manager as a banker. In High Financier Niall Ferguson reveals Warburg''s idiosyncracies but above all he recaptures the meticulous business methods and strict ethical code that set Warburg apart from the mere speculators and traders who inhabit today''s financial world.

Excerpted from Niall Ferguson’s sprawling bestseller The War of the World, The Abyss now stands on its own as one of the most thrilling short histories of World War I ever written. This is not a conventional military history about battles and generals. Rather, The Abyss examines how World War I saw the birth of total war—fought between societies as much as armies—and must therefore be understood in terms of the financial crises it unleashed, the multinational empires it destroyed, and the hateful ideas it propagated. The most remarkable thing about the war, Ferguson shows us, is how shockingly unexpected it was. At a time when economic integration and technology seemed to be rendering war between great powers impossible, World War I was the moment when that process went into reverse and the lethal forces of ethnic disintegration took over. Now, on the cusp of the 100th anniversary of its outbreak, we can see World War I as much more than just four years of industrialized slaughter. Weaving together the economics of empire and the ideology of race—and featuring an original preface by the author as well a teaser from his new paperback Civilization—The Abyss is world history at its finest.

La versión definitiva de la historia global contemporánea. Un viajero que recorriera el mundo en 1411 hubiera quedado deslumbrado por las imponentes civilizaciones orientales. La Ciudad Prohibida estaba en plena construcción en la China de los Ming; en Oriente Próximo, los otomanos acechaban Constantinopla. Por el contrario, los belicosos países de Europa occidental, Inglaterra, Escocia, Castilla, Aragón, Francia y Portugal, eran pobres y atrasados, debilitados por las epidemias, las pésimas condiciones sanitarias y las guerras incesantes. En cuanto a Norteamérica, en el siglo XV era un espacio poco habitado y anárquico en comparación con los impresionantes y organizados imperios de los incas y los aztecas. La idea de que Occidente pudiera llegar a dominar al resto del mundo durante el siguiente medio milenio le hubiera parecido ilusoria. Y, sin embargo, eso fue lo que ocurrió. ¿Qué permitió a la civilización de Europa occidental dominar a los aparentemente superiores imperios orientales? Según Niall Ferguson, Occidente logró desarrollar seis poderosos instrumentos, la competencia, la ciencia, el imperio de la ley, la medicina, la sociedad de consumo y la ética del trabajo. La cuestión fundamental hoy día es si Occidente ha perdido el monopolio de estos seis resortes del poder global. Para averiguarlo, Civilización nos lleva a un extraordinario viaje alrededor del mundo, del Gran Canal en Nankín al palacio de Topkapi en Estambul, del Machu Picchu en los Andes a la isla del Tiburón en Namibia; de las altas torres de Praga a las iglesias secretas de Wenzhou. Es la historia de los barcos de vela, los misiles, los títulos de propiedad, las vacunas, los pantalones vaqueros y las biblias chinas. Es la versión definitiva de la historia global contemporánea. La crítica ha dicho... «Un libro agudo y rabiosamente actual. Ferguson, dotado de una mente perspicaz, sabe cómo llegar al núcleo de las cosas y lo hace con gran pulso narrativo.» Andrew Marr, Financial Times «Civilización es otra obramaestra... una gran fuerza guía la exposición y cada página revela datos fascinantes.» Dominic Lawson, Sunday Times «Erudito y, a la vez, ameno.» Mario Vargas Llosa, El País «Uno de los historiadores más reconocidos del mundo.» Hamish McRae, Independent

Una revolucionaria reinterpretación de la historia contemporánea y arroja nueva luz sobre el eterno conflicto entre este y oeste. El siglo XX se abrió con la promesa de los mayores avances científicos y tecnológicos de la historia de la humanidad. Sin embargo, pronto se convirtió en el más sangriento de la historia. ¿Cómo explicar la intensidad y alcance de la violencia desatada en lo que fue realmente una «guerra del mundo»? Niall Ferguson aborda en su libro más ambicioso hasta la fecha la respuesta a esta pregunta, la paradoja fundamental de esta «Edad del Odio» de la historia, que asoló ciudades y exterminó a millones de personas mientras el nivel de vida de gran parte de la población mundial mejoraba imparablemente. Con su característica brillantez, rigor y originalidad, La guerra del mundo explica cuál fue el problema de la modernidad en un viaje que le lleva de la estepa siberiana a las playas de Okinawa, de las llanuras polacas a los cementerios de Guatemala y de las calles de Sarajevo a los campos de exterminio de Camboya. Reseñas: «Absorbente... muy entretenida y estimulante.» Financial Times «Un libro fascinante gracias a la capacidad de Ferguson de escribir historia con claridad y con brío.» The Washington Post

Un recorrido por la historia del poder de los Estados Unidos a lo largo del siglo XX. ¿Puede Estados Unidos considerarse el imperio decisivo de las últimas décadas? A lo largo de la Historia sus presidentes lo han negado reiteradas veces, algo totalmente absurdo para Ferguson que, en este brillante y provocativo ensayo, argumenta que Estados Unidos no solo responde a las características propias de un imperio sino que posiblemente representa el mayor poder imperial que haya conocido el mundo, tanto en los ámbitos económico como militar. Imitando al Imperio Británico del siglo XIX, Estados Unidos aspiró a globalizar el libre mercado, el mandato de la Ley, y el modelo de democracia representativa. Sin embargo el imperio americano carece de tres de los rasgos básicos que conformaron el imperialismo británico: necesita importar capital del resto del mundo para financiar su déficit fiscal y comercial, no posee el número necesario de militares y diplomáticos para hacer de policía del mundo, y no tiene la voluntad decidida para perseverar en sus aventuras internacionales. En Coloso, Niall Ferguson traza la historia del poder de Estados Unidos a lo largo del siglo XX y revela la paradójica realidad de que, siendo el imperio más poderoso, se niega a aceptar las responsabilidades políticas y morales que conlleva el hecho de ser una potencia global. Reseñas: «Un libro brillante lleno de energía, imaginación y curiosidad.» Hugh Thomas, Evening Standard «Coloso muestra la fuerza narrativa del profesor Ferguson y su facilidad para utilizar referencias políticas, económicas y literarias para reforzar sus argumentos históricos.» Michiko Kakutani, The New York Times «Ferguson considera que la única esperanza para el futuro de muchos países reside en que un poder extranjero logre construir la paz y los pilares institucionales que resultan imprescindibles para su desarrollo económico. La polémica está servida.» Raimundo Ortega, Cinco Días

Is China''s rise unstoppable? Powered by the human capital of 1.3 billion citizens, the latest technological advances, and a comparatively efficient system of state-directed capitalism, China seems poised to become the global superpower this century. But the Middle Kingdom also faces a series of challenges. From energy scarcity to environmental degradation to political unrest and growing global security burdens, a host of factors could derail China''s global ascent. In this edition of The Munk Debates - Canada''s premier international debate series - former U.S. Secretary of State Henry Kissinger and CNN''s Fareed Zakaria square off against leading historian Niall Ferguson and world-renowned economist David Daokui Li to debate the biggest geopolitical issue of our time: Does the 21st century belong to China? Highly electrifying and thoroughly engrossing, the Munk Debate on China is the first formal public debate Dr. Kissinger has participated in on China''s future, and includes exclusive interviews with Henry Kissinger and David Daokui Li.

La fascinante y enrevesada historia del invento más decisivo de la humanidad: el dinero. Edición actualizada y ampliada Pasta, guita, plata, parné, duros. Da igual cómo lo llamemos, pero lo cierto es que el dinero importa ahora más que nunca. En El triunfo del dinero Niall Ferguson demuestra que la historia de las finanzas es el trasfondo de toda la Historia. ¿Cuándo pasó el dinero de metal a papel? ¿Por qué los tipos de interés suben y bajan como un yoyó? ¿Por qué la gente nunca aprende que las burbujas bursátiles siempre acaban estallando? ¿Por qué los seguros ya no son la mejor manera de protegerse contra el riesgo? ¿Por qué sobrevaloramos las ventajas de invertir en el sector inmobiliario? La mejor manera de entender las finanzas es conocer los orígenes de los distintos instrumentos, lo que además nos da una visión distinta de la historia del mundo desde la aparición del dinero en la antigua Babilonia hasta la crisis actual. En el peor momento de las finanzas globales desde la Gran Depresión de los años treinta, nunca ha habido una ocasión más adecuada para entender el triunfo (y los ocasionales fracasos) del dinero. La crítica ha dicho... «Maravillosamente escrito... Asombrosamente inteligente.» Martin Vander Weyer, Sunday Telegraph «Las historias que cuenta de subidas y bajadas, de triunfos y desastres, de burbujas que se hinchan... son la pura esencia de la historia de las finanzas.» Bill Emmott, Financial Times «Deslumbrante, extraordinariamente oportuno.» The Spectator «Ferguson es el historiador más brillante de su generación. Su escritura es extraordinaria.» Time «Uno de los mejores historiadores económicos de nuestro tiempo.» John Müller, El Mundo

Na época que antecedeu a Segunda Guerra Mundial, o Império Britânico cobria mais de um quarto da superfície terrestre. Ainda que, para as novas gerações, esse período possa ser visto como nada além do que uma época remota, o momento é propício para uma reavaliação. Neste trabalho, Niall Ferguson argumenta que o império britânico não deve ser visto apenas como um passado vitoriano, mas sim, como o berço da modernidade. Quase todas as características existentes no século XXI podem ser identificadas na extraordinária expansão econômica, populacional e cultural da Grã-Bretanha desde o século XVII até a metade do século XX - economia globalizada, revolução nas comunicações, mudanças raciais na América do Norte, a noção de humanitarismo, a natureza da democracia. Nesta obra, Ferguson mostra que, longe de ser um assunto nostálgico, a história do Império Britânico está repleta de lições para o mundo moderno.

Historische analyse van de oorzaken, het verloop en de gevolgen van de Eerste Wereldoorlog.

For the better part of the past decade, the world economy has been dominated by a world economic order that combined Chinese export-led development with US over-consumption. The financial crisis of 2007-2009 likely marks the beginning of the end of the Chimerican relationship. In this paper we look at this era as economic historians, trying to set events in a longer-term perspective. In some ways China''s economic model in the decade 1998-2007 was similar to the one adopted by West Germany and Japan after World War II. Trade surpluses with the U.S. played a major role in propelling growth. But there were two key differences. First, the scale of Chinese currency intervention was without precedent, as were the resulting distortions of the world economy. Second, the Chinese have so far resisted the kind of currency appreciation to which West Germany and Japan consented. We conclude that Chimerica cannot persist for much longer in its present form. As in the 1970s, sizeable changes in exchange rates are needed to rebalance the world economy. A continuation of Chimerica at a time of dollar devaluation would give rise to new and dangerous distortions in the global economy.

What if there had been no American War of Independence? What if Hitler had invaded Britain? What if Kennedy had lived? What if Russia had won the Cold War? Niall Ferguson, author of the highly acclaimed The Pity of War, leads the charge in this historically rigorous series of separate voyages into “imaginary time” and provides far-reaching answers to these intriguing questions.Ferguson''s brilliant 90-page introduction doubles as a manifesto on the methodology of counter-factual history. His equally masterful afterword traces the likely historical ripples that would have proceeded from the maintenance of Stuart rule in England. This breathtaking narrative gives us a convincing, detailed “alternative history” of the West—from the accession of “James III” in 1701, to a Nazi-occupied England, to a U.S. Prime Minister Kennedy who lives to complete his term.

From a bestselling historian, a daringly revisionist history of World War I The Pity of War makes a simple and provocative argument: the human atrocity known as the Great War was entirely England''s fault. According to Niall Ferguson, England entered into war based on naive assumptions of German aims, thereby transforming a Continental conflict into a world war, which it then badly mishandled, necessitating American involvement. The war was not inevitable, Ferguson argues, but rather was the result of the mistaken decisions of individuals who would later claim to have been in the grip of huge impersonal forces. That the war was wicked, horrific, and inhuman is memorialized in part by the poetry of men like Wilfred Owen and Siegfried Sassoon, but also by cold statistics. Indeed, more British soldiers were killed in the first day of the Battle of the Somme than Americans in the Vietnam War. And yet, as Ferguson writes, while the war itself was a disastrous folly, the great majority of men who fought it did so with little reluctance and with some enthusiasm. For anyone wanting to understand why wars are fought, why men are willing to fight them and why the world is as it is today, there is no sharper or more stimulating guide than Niall Ferguson''s The Pity of War.

This paper asks whether developing countries can reap credibility gains from submitting policy to a strict monetary rule. Following earlier work, we look at the gold standard era (1880-1914) as a "natural experiment" to test whether adoption of a rule-based monetary framework such as the gold standard increased policy credibility. On the basis of the largest possible dataset covering almost sixty independent and colonial borrowers in the London market, we challenge the traditional view that gold standard adherence worked as a credible commitment mechanism that was rewarded by financial markets with lower borrowing costs. We demonstrate that in the poor periphery -- where policy credibility is a particularly acute problem -- the market looked behind "the thin film of gold". Our results point to a dichotomy: whereas country risk premia fell after gold adoption in developed countries, there were no credibility gains in the volatile economic and political environments of developing countries. History shows that monetary policy rules are no short-cut to credibility in situations where vulnerability to economic and political shocks, not time-inconsistency, are overarching concerns for investors.

The Caledonian Railway was the largest of the three Scottish companies to go into the London Midland & Scottish Railway at the grouping in 1923. This book looks at how the ''Caley'' system fared in the ownership of the LMS in which it became the dominant partner of the latter''s Northern Division.

قالوا في كتاب نيل فرجسون: «ألمع مؤرخ بريطاني من بين أفراد جيله». الـ"تايمز" «قصة مثيرة.. واستثنائية». كريستوفر ماثيو، "ديلي ميل" «كتاب يحفز الفكر.. ويثير الجدل الخلافي.. (فرجسون) بارع في ابتكار الجمل التي تلفت النظر، بأسلوب رائع ومتوهج.. ويتمتع ـ بشكل عفوي على ما يبدو ـ بالفطنة والكياسة والذكاء اللماح». اندرو روبرت، الـ"تايمز" «مدهش.. يتسم بالتبصر والأصالة» ديفيد غيلمور، "فايننشال تايمز" «مبهر.. يمتع القارئ إلى حد الإدهاش». New York Review of Books "سلاسة في الأسلوب، جاذبية في المنهجية.. الكتاب ممتع، ومترع بالرؤى المتبصرة والأفكار الذكية". فيليب فيرنانديز-ارميستو، "صنداي تايمز". "كتاب يثير الإعجاب.. مفعم بالطاقة، محفز للخيال والفضول". هوغ توماس، "ايفننغ ستاندارد".

Seeks to establish a connection between industrial and technological progress and violence in the modern era, arguing that the twentieth century has been the most violent period in history in spite of unprecedented achievements. By the author of Paper and Iron. 100,000 first printing.