Niall Ferguson Quote

The shortage of cotton also drove up the price and hence the value of the South’s cotton-backed bonds, making them an irresistibly attractive investment for key members of the British political elite.

Niall Ferguson

The shortage of cotton also drove up the price and hence the value of the South’s cotton-backed bonds, making them an irresistibly attractive investment for key members of the British political elite.

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About Niall Ferguson

Niall Campbell Ferguson FRSE (; born 18 April 1964) is a Scottish-American historian based in the United States who is the Milbank Family Senior Fellow at the Hoover Institution at Stanford University 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, England.
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. He once ironically called himself "a fully paid-up member of the neo-imperialist gang" following the 2003 invasion of Iraq. 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 twice-a-month column for Bloomberg Opinion in June 2020.