Niall Ferguson is Laurence A. Tisch Professor of History at Harvard and a Senior Fellow at the Hoover Institution, Stanford. His most recent book is The Ascent of Money: A Financial History of the World. (June 2009)


The Crisis and How to Deal with It

Paul Krugman and Niall Ferguson at the symposium; in the background are Nouriel Roubini and Jeff Madrick
Following are excerpts from a symposium on the economic crisis presented by The New York Review of Books and PEN World Voices at the Metropolitan Museum of Art on April 30. The participants were former senator Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros, and Robin Wells, with Jeff Madrick as moderator.

A ‘Miracle of Deliverance’?

Dunkirk: Fight to the Last Man

by Hugh Sebag-Montefiore
Sometimes history chooses not to repeat itself. In 1914 Britain sent a relatively small expeditionary force—six infantry divisions and one of cavalry—to the European continent, to defend Belgium and France against a German invasion. Whether this force was decisive is debatable, but the combined effect of British, Belgian, and—above all—French …

Engines of Destruction

Castles of Steel: Britain, Germany, and the Winning of the Great War at Sea

by Robert K. Massie
In these days when the American colossus grapples with scarcely visible assailants, many people feel nostalgia for the days of symmetric warfare: when two sides were more or less evenly matched and, after a good, clean fight, the best man won. That is certainly one possible inference to be drawn …