Niall Ferguson Quote
If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.
Niall Ferguson
If the financial system has a defect, it is that it reflects and magnifies what we human beings are like. Money amplifies our tendency to overreact, to swing from exuberance when things are going well to deep depression when they go wrong. Booms and busts are products, at root, of our emotional volatility.
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banking, banking system, banks, corrupt, corruption, debt, debtor, economics, economy, finance
About Niall Ferguson
Niall Campbell Ferguson FRSE (; born 18 April 1964) is a Scottish–American historian who is the Milbank Family Senior Fellow at the Hoover Institution and a senior fellow at the Belfer Center for Science and International Affairs at Harvard University. Previously, he was a professor at Harvard University, the London School of Economics, New York University, a visiting professor at the New College of the Humanities, and a senior research fellow at Jesus College, Oxford.
Ferguson writes and lectures on international history, economic history, financial history and the history of the British Empire and American imperialism. He holds positive views concerning the British Empire. In 2004, he was one of Time magazine's 100 most influential people in the world. Ferguson has written and presented numerous television documentary series, including The Ascent of Money, which won an International Emmy Award for Best Documentary in 2009.
Ferguson has been a contributing editor for Bloomberg Television and a columnist for Newsweek. He began writing a semi-monthly column for Bloomberg Opinion in June 2020.
Ferguson writes and lectures on international history, economic history, financial history and the history of the British Empire and American imperialism. He holds positive views concerning the British Empire. In 2004, he was one of Time magazine's 100 most influential people in the world. Ferguson has written and presented numerous television documentary series, including The Ascent of Money, which won an International Emmy Award for Best Documentary in 2009.
Ferguson has been a contributing editor for Bloomberg Television and a columnist for Newsweek. He began writing a semi-monthly column for Bloomberg Opinion in June 2020.