I can't think of anything I would rather do with my money than buy my children the best possible education.
From Niall Ferguson
My fundamental tenets are concerned with freedom of the individual; the market isn't perfect, but it's the best available way of allocating resources.
Oral history is a recipe for complete misrepresentation because almost no one tells the truth, even when they intend to.
It's great to see countries like China and India lifting hundreds of millions of people out of poverty by essentially copying Western ways of doing things.
One of the main arguments that I make in my new book, 'The Great Degeneration,' is that the rule of law in the U.S. is becoming the rule of lawyers.
The great thing about behavioural psychology and economics is that they help us to see that there are actually pretty good reasons why human beings swing from greed to fear, and why we're not really calculating machines or utility-maximisers.
We historians are increasingly using experimental psychology to understand the way we act. It is becoming very clear that our ability to evaluate risk is hedged by all sorts of cognitive biases. It's a miracle that we get anything right.
Something that's seldom appreciated about me is that I am in sympathy with a great deal of what Marx wrote, except that I'm on the side of the bourgeoisie.
The whole point about historians is that we are really communing with the dead. It's very restful - because you read. There's some sociopathic problem that makes me prefer it to human interaction.
If being rightwing is thinking that Karl Marx's doctrine was a catastrophe for humanity, then I'm rightwing.
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