Most Popular Books by Niall Ferguson

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.

Niall Ferguson''s acclaimed bestseller on the highs and lows of Britain''s empire ''A remarkably readable précis of the whole British imperial story - triumphs, deceits, decencies, kindnesses, cruelties and all'' Jan Morris Once vast swathes of the globe were coloured imperial red and Britannia ruled not just the waves, but the prairies of America, the plains of Asia, the jungles of Africa and the deserts of Arabia. Just how did a small, rainy island in the North Atlantic achieve all this? And why did the empire on which the sun literally never set finally decline and fall? Niall Ferguson''s acclaimed Empire brilliantly unfolds the imperial story in all its splendours and its miseries, showing how a gang of buccaneers and gold-diggers planted the seed of the biggest empire in all history - and set the world on the road to modernity. ''The most brilliant British historian of his generation ... Ferguson examines the roles of "pirates, planters, missionaries, mandarins, bankers and bankrupts" in the creation of history''s largest empire ... he writes with splendid panache ... and a seemingly effortless, debonair wit'' Andrew Roberts ''Dazzling ... wonderfully readable'' New York Review of Books ''Empire is a pleasure to read and brims with insights and intelligence'' Sunday Times

From the bestselling author of The Ascent of Money and The Square and the Tower Is America an empire? Certainly not, according to our government. Despite the conquest of two sovereign states in as many years, despite the presence of more than 750 military installations in two thirds of the world’s countries and despite his stated intention "to extend the benefits of freedom...to every corner of the world," George W. Bush maintains that "America has never been an empire." "We don’t seek empires," insists Defense Secretary Rumsfeld. "We’re not imperialistic." Nonsense, says Niall Ferguson. In Colossus he argues that in both military and economic terms America is nothing less than the most powerful empire the world has ever seen. Just like the British Empire a century ago, the United States aspires to globalize free markets, the rule of law, and representative government. In theory it’s a good project, says Ferguson. Yet Americans shy away from the long-term commitments of manpower and money that are indispensable if rogue regimes and failed states really are to be changed for the better. Ours, he argues, is an empire with an attention deficit disorder, imposing ever more unrealistic timescales on its overseas interventions. Worse, it’s an empire in denial—a hyperpower that simply refuses to admit the scale of its global responsibilities. And the negative consequences will be felt at home as well as abroad. In an alarmingly persuasive final chapter Ferguson warns that this chronic myopia also applies to our domestic responsibilities. When overstretch comes, he warns, it will come from within—and it will reveal that more than just the feet of the American colossus is made of clay.

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.

From the bestselling author of The Ascent of Money and The Square and the Tower, the definitive biography of Henry Kissinger, based on unprecedented access to his private papers. Winner of the Council on Foreign Relations Arthur Ross Book Award No American statesman has been as revered or as reviled as Henry Kissinger. Once hailed as “Super K”—the “indispensable man” whose advice has been sought by every president from Kennedy to Obama—he has also been hounded by conspiracy theorists, scouring his every “telcon” for evidence of Machiavellian malfeasance. Yet as Niall Ferguson shows in this magisterial two-volume biography, drawing not only on Kissinger’s hitherto closed private papers but also on documents from more than a hundred archives around the world, the idea of Kissinger as the ruthless arch-realist is based on a profound misunderstanding. The first half of Kissinger’s life is usually skimmed over as a quintessential tale of American ascent: the Jewish refugee from Hitler’s Germany who made it to the White House. But in this first of two volumes, Ferguson shows that what Kissinger achieved before his appointment as Richard Nixon’s national security adviser was astonishing in its own right. Toiling as a teenager in a New York factory, he studied indefatigably at night. He was drafted into the U.S. infantry and saw action at the Battle of the Bulge—as well as the liberation of a concentration camp—but ended his army career interrogating Nazis. It was at Harvard that Kissinger found his vocation. Having immersed himself in the philosophy of Kant and the diplomacy of Metternich, he shot to celebrity by arguing for “limited nuclear war.” Nelson Rockefeller hired him. Kennedy called him to Camelot. Yet Kissinger’s rise was anything but irresistible. Dogged by press gaffes and disappointed by “Rocky,” Kissinger seemed stuck—until a trip to Vietnam changed everything. The Idealist is the story of one of the most important strategic thinkers America has ever produced. It is also a political Bildungsroman, explaining how “Dr. Strangelove” ended up as consigliere to a politician he had always abhorred. Like Ferguson’s classic two-volume history of the House of Rothschild, Kissinger sheds dazzling new light on an entire era. The essential account of an extraordinary life, it recasts the Cold War world.

From the bestselling author of The Ascent of Money and The Square and the Tower, a searching and provocative examination of the widespread institutional rot that threatens our collective future 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 in The Great Degeneration, is that our institutions—the intricate frameworks within which a society can flourish or fail—are degenerating. With characteristic verve and historical insight, Ferguson analyzes the causes of this stagnation and its profound consequences for the future of the West. The Great Degeneration is an incisive indictment of an era of negligence and complacency—and to arrest the breakdown of our civilization, Ferguson warns, will take heroic leadership and radical reform.

The 10th anniversary edition, with new chapters on the crash, Chimerica, and cryptocurrency "[An] excellent, just in time guide to the history of finance and financial crisis." —The Washington Post "Fascinating." —Fareed Zakaria, Newsweek In this updated edition, Niall Ferguson brings his classic financial history of the world up to the present day, tackling the populist backlash that followed the 2008 crisis, the descent of "Chimerica" into a trade war, and the advent of cryptocurrencies, such as Bitcoin, with his signature clarity and expert lens. The Ascent of Money reveals finance as the backbone of history, casting a new light on familiar events: the Renaissance enabled by Italian foreign exchange dealers, the French Revolution traced back to a stock market bubble, the 2008 crisis traced from America''s bankruptcy capital, Memphis, to China''s boomtown, Chongqing. We may resent the plutocrats of Wall Street but, as Ferguson argues, the evolution of finance has rivaled the importance of any technological innovation in the rise of civilization. Indeed, to study the ascent and descent of money is to study the rise and fall of Western power itself.

From the bestselling author of The Ascent of Money and The Square and the Tower “A dazzling history of Western ideas.” —The Economist “Mr. Ferguson tells his story with characteristic verve and an eye for the felicitous phrase.” —Wall Street Journal “[W]ritten with vitality and verve . . . a tour de force.” —Boston Globe Western civilization’s rise to global dominance is the single most important historical phenomenon of the past five centuries. How did the West overtake its Eastern rivals? And has the zenith of Western power now passed? Acclaimed historian Niall Ferguson argues that beginning in the fifteenth century, the West developed six powerful new concepts, or “killer applications”—competition, science, the rule of law, modern medicine, consumerism, and the work ethic—that the Rest lacked, allowing it to surge past all other competitors. Yet now, Ferguson shows how the Rest have downloaded the killer apps the West once monopolized, while the West has literally lost faith in itself. Chronicling the rise and fall of empires alongside clashes (and fusions) of civilizations, Civilization: The West and the Rest recasts world history with force and wit. Boldly argued and teeming with memorable characters, this is Ferguson at his very best.

Every book tells a story . . .And the 70 titles in the Pocket Penguins series are emblematic of the renowned breadth and quality that formed part of the original Penguin vision in 1935 and that continue to define our publishing today. Together, they tell one version of the unique story of Penguin Books. One of Penguin''s bestselling non-fiction authors, Niall Ferguson has been hailed as the most brilliant historian of his generation for his fresh, provocative and controversial approach to subjects ranging from money to empires. 1914- Why the World Went to Warhas been specially adapted from Ferguson''s bestselling The Pity of War (1998). It is a radical reassessment of how the world hurtled into catastrophe in 1914.

''The most brilliant historian of his generation'' The Times Most history is hierarchical- it''s about popes, presidents, and prime ministers. But what if that''s simply because they create the historical archives? What if we are missing equally powerful but less visible networks - leaving them to the conspiracy theorists, with their dreams of all-powerful Illuminati? The twenty-first century has been hailed as the Networked Age. But in The Square and the Tower Niall Ferguson argues that social networks are nothing new. From the printers and preachers who made the Reformation to the freemasons who led the American Revolution, it was the networkers who disrupted the old order of popes and kings. Far from being novel, our era is the Second Networked Age, with the computer in the role of the printing press. But networks have a dark side, prone to clustering, contagions, and even outages. And the conflicts of the past already have unnerving parallels today, in the time of Facebook, Islamic State and Trumpworld.

A moving, raw and powerful novel about fighting on the front - ''The finest and noblest book of men in war that I have ever read'' (Ernest Hemingway) Bourne is a private fighting on the front. He is under pressure to accept a commission and become an officer, but he prefers to be among the ranks, drawn into the universal struggle for survival in a world gone mad. Manning''s startling work is unlike any other First World War novel in its portrayal of the lives of ordinary British soldiers: the trauma of the Somme; the moments of bloodlust; the camaraderie, rivalry, alcohol and boredom. Considered obscene for its language and previously published in censored form as Her Privates We, The Middle Parts of Fortune appears here in its raw, unexpurgated version.

"All disasters are in some sense man-made." Setting the annus horribilis of 2020 in historical perspective, Niall Ferguson explains why we are getting worse, not better, at handling disasters. Disasters are inherently hard to predict. Pandemics, like earthquakes, wildfires, financial crises. and wars, are not normally distributed; there is no cycle of history to help us anticipate the next catastrophe. But when disaster strikes, we ought to be better prepared than the Romans were when Vesuvius erupted, or medieval Italians when the Black Death struck. We have science on our side, after all. Yet in 2020 the responses of many developed countries, including the United States, to a new virus from China were badly bungled. Why? Why did only a few Asian countries learn the right lessons from SARS and MERS? While populist leaders certainly performed poorly in the face of the COVID-19 pandemic, Niall Ferguson argues that more profound pathologies were at work--pathologies already visible in our responses to earlier disasters. In books going back nearly twenty years, including Colossus, The Great Degeneration, and The Square and the Tower, Ferguson has studied the foibles of modern America, from imperial hubris to bureaucratic sclerosis and online fragmentation. Drawing from multiple disciplines, including economics, cliodynamics, and network science, Doom offers not just a history but a general theory of disasters, showing why our ever more bureaucratic and complex systems are getting worse at handling them. Doom is the lesson of history that this country--indeed the West as a whole--urgently needs to learn, if we want to handle the next crisis better, and to avoid the ultimate doom of irreversible decline.

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.

1st complete history of the Rothschild banking dynasty with full access to worldwide archives. Ever since the Rothschild''s spectacular rise to preeminence in European finance during the last, turbulent years of the Napoleonicwars, a mythology has grown up around the family and it''s firms. It is no exaggeration to say that the Rothschilds became 1 of theliving legends of the 19th century: the personfication of a new era in which money determined status and power, an era in which 5 Jewish brothers born into the wretchedness of the Frnakfurt Ghetto could rise by their own ingenuity to become '' the worlds bankers'' - dominating the international financial markets, rubbing shoulders with the social elite, patronising the great artists and architects of the era and above all exerting a decisive, if veiled, influence over the world''s monarchs and statesmen. Using a wealth of archival sources as well as a vast amount of little known contemporary and more recent secondary literature, Niall Ferguson''s definitive study will finally hold the mirror of reality up to the face of myth. The result promises not only to do justice to the history of Rothschilds, but to revolutionise the history of the years of their rise and preeminence, and to reveal fascinating continuities from the 19th century to our own time.

Few economic events have had a more profound or enduring impact than the German hyperinflation of 1923, still remembered popularly as a root cause of Hitler''s rise to power. Yet many historians have argued that inflationary policies were, on balance, advantageous to post-1918 Germany, both boosting growth and helping to reduce reparations. The scholarly consensus is that there was no viable alternative to inflation. In Paper and Iron Niall Ferguson takes a different view. He argues that inflation was indeed an economic and political disaster, and further that there were alternative economic policies which could have stabilised the German currency in 1920. To explain why these were not adopted he points to long-term defects in the political institutions of the Reich which went back as far as the 1890s and which persisted beyond 1918. The book therefore reveals the Wilhelmine origins of Weimar''s failure, as well as casting light on the origins of the Third Reich.

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.

In ALWAYS RIGHT historian Niall Ferguson offers a characteristically original, incisive and witty account of Margaret Thatcher''s reign – the word seems appropriate – as British Prime Minister. Denounced by her enemies as divisive and dictatorial, Thatcher was the greatest leader Britain has produced since Winston Churchill. The standard bearer for a decisive economic regime-change, she was also a social revolutionary who shook up the stagnant English class system. Yet she was a foreign policy realist, who restored her country’s standing in the world. And far from being an over-bearing prime minister, she ultimately fell victim to the machinations of Cabinet government. ALWAYS RIGHT is a fittingly frank assessment of a great woman who made history.

Following the international success of his iconoclastic The Pity of War, Niall Ferguson now takes on the history of money -the sinews of war - and power.

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.

‘No civilization, no matter how mighty it may appear to itself, is indestructible.’ –Niall Ferguson ‘We do not need to invent the world anew. The international order established by the United States after World War II is in need of expansion and repair, but not reconception.’ –Fareed Zakaria Fears of a globalized world are rampant. Across the West, borders are being reasserted and old alliances tested to their limits. Could this be the end of the liberal order or will the major crises of the twenty-first century strengthen our resolve?

The twentieth semi-annual Munk Debate pits Niall Ferguson against Fareed Zakaria to debate the end of the liberal international order. Since the end of World War II, global affairs have been shaped by the increasing free movement of people and goods, international rules setting, and a broad appreciation of the mutual benefits of a more interdependent world. Together these factors defined the liberal international order and sustained an era of rising global prosperity and declining international conflict. But now, for the first time in a generation, the pillars of liberal internationalism are being shaken to their core by the reassertion of national borders, national interests, and nationalist politics across the globe. Can liberal internationalism survive these challenges and remain the defining rules-based system of the future? Or, are we witnessing the beginning of the end of the liberal international order? The twentieth semi-annual Munk Debate, held on April 28th, 2017, pits prominent historian Niall Ferguson against CNN’s Fareed Zakaria to debate the future of liberal internationalism.

Historien om slægten Rothschild, om den diplomatiske rolle familien har spillet i udenrigspolitikken, dens indflydelse på verdens pengemarkeder, samt om de personligheder familien har fostret.