I guess I don't understand the distinction of the institutions that need to change. I'm not sure I care what the institutions call themselves but I do care what rules they establish and enforce. There is a referee in both football and rugby, but the difference between the games is dictated by the rules and their enforcement - not whether they have a referee or not. Surely it's the rules we have to amend? Of course, the starting position of a society has a big impact on the games that will work (availability of energy, natural resources, low cost labour and their availability, an innovative class, a market for products etc). Why do we never have an exploration into the options of the rules we could adopt?
Because we are afraid at our core, for we must die and we know it. It is really just a matter of balls in my humble opinion, whatever the matter. Good to see someone is out there strifing to ask the right questions ;P
1:08:52 "My belief is that all problems of the sort that I am describing are not culturally specific, they are not specific to race, religion or for that matter geography they are just about institutions... ." -Niall Ferguson, UATX.
Actually that is TH-cam's doing. It has to target any discussion with Woke propaganda. If it were honest, it would state that the UN IPCC has found there is NO climate cause of hurricanes, droughts or wildfires, and sea level rise is in the noise of changes from tides and normal storm surges.
So Niall is saying the invisible hand is a crock and protectionism is needed to protect the moldy and damp ideas of Smith and Mill. What Niall fails to tell his audience is that Deng did not change the Land laws and refute the Communist party. In fact All the leadership of China are evolutionary and adapt whereas the UK and USA are trapped in their anachronistic Monarchy on the one hand and a failed constitution on the other. Too little too late Norway is Rich and Scotland is Poor. China is vibrant and Scotland is declining.
Much as I enjoy listening to Niall Ferguson, he loses me when he talks of climate and CO2. If he were to take the time to look into it I think he would be astounded at the evil intent and persistence of the Great Lie about climate and CO2.
Agreed. Global warming is a minor problem that is not due to arrive until 2100, and will be solved by the shrinking of world population without any other action.
Yep. The climate religion is basically ruling class virtue signaling and distracting the labor class from that truly matters. Adam Smith would have railed against this skulduggery.
Great insights and wisdom from Niall as always much appreciated.
Wonderful insights. Thanks.
I guess I don't understand the distinction of the institutions that need to change.
I'm not sure I care what the institutions call themselves but I do care what rules they establish and enforce.
There is a referee in both football and rugby, but the difference between the games is dictated by the rules and their enforcement - not whether they have a referee or not.
Surely it's the rules we have to amend?
Of course, the starting position of a society has a big impact on the games that will work (availability of energy, natural resources, low cost labour and their availability, an innovative class, a market for products etc).
Why do we never have an exploration into the options of the rules we could adopt?
Because we are afraid at our core, for we must die and we know it. It is really just a matter of balls in my humble opinion, whatever the matter. Good to see someone is out there strifing to ask the right questions ;P
Very interesting about Scotland's miracle economy in the 18th century - perhaps a topic for Niall's next book - would read.
1:08:52 "My belief is that all problems of the sort that I am describing are not culturally specific, they are not specific to race, religion or for that matter geography they are just about institutions... ." -Niall Ferguson, UATX.
You really need to look at Patrick Moore’s work on climate change
I love how Wikipedia explains to me what new world order means and that its a conspiracy haha xD
Thank you for the insight!
Actually that is TH-cam's doing. It has to target any discussion with Woke propaganda. If it were honest, it would state that the UN IPCC has found there is NO climate cause of hurricanes, droughts or wildfires, and sea level rise is in the noise of changes from tides and normal storm surges.
I know right. Them paranoid censorship freaks
24:30 I like how he takes his scotch in between the talk "for purely medicinal purposes" - sounding like Sean Connery too.
Is there an essay/book about the topic?
⭐
So Niall is saying the invisible hand is a crock and protectionism is needed to protect the moldy and damp ideas of Smith and Mill. What Niall fails to tell his audience is that Deng did not change the Land laws and refute the Communist party. In fact All the leadership of China are evolutionary and adapt whereas the UK and USA are trapped in their anachronistic Monarchy on the one hand and a failed constitution on the other. Too little too late Norway is Rich and Scotland is Poor. China is vibrant and Scotland is declining.
Niall Fergusson - well if economists can predict the future poorly and still get paid, I spose gradiose history lecturers can get paid too!
Much as I enjoy listening to Niall Ferguson, he loses me when he talks of climate and CO2. If he were to take the time to look into it I think he would be astounded at the evil intent and persistence of the Great Lie about climate and CO2.
Agreed. Global warming is a minor problem that is not due to arrive until 2100, and will be solved by the shrinking of world population without any other action.
Yep. The climate religion is basically ruling class virtue signaling and distracting the labor class from that truly matters. Adam Smith would have railed against this skulduggery.
He's a beneficiary
What is the great lie?
@@jhrielly that climate changes due to mankind’s emissions of CO2. It does no such thing