The Great Degeneration

The Great Degeneration

By Niall Ferguson
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Symptoms of decline are all around us today, it seems: slowing growth, crushing debts, aging populations, anti-social behavior. But what exactly is amiss with Western civilization? The answer, Niall Ferguson argues, is that our institutions—the intricate frameworks within which a society can flourish or fail—are degenerating. To arrest the degeneration of the West’s civilization, Ferguson warns, will take heroic leadership and radical reform.