June 20, 2013

Niall Ferguson: We've Developed a Greedy Capital Culture

Niall Ferguson, professor of history at Harvard University and a senior research fellow at Oxford University discusses his new book called "The Great Degeneration: How Institutions Decay and Economies Die". He covers the decline of the West, the economic and political stagnation, and how rich countries can become poorer by allowing institutions to go to wreck and ruin.