

American Decline Is a Choice. Let's Not Choose It.
Sep 1, 2021
Niall Ferguson, a renowned historian and author of nearly 20 books including "Doom: The Politics of Catastrophe," delves into the pressing issues facing America today. He examines the catastrophic withdrawal from Afghanistan and critiques the educational system's failures. Ferguson highlights the exacerbation of inequality during the pandemic and discusses the erosion of public trust in institutions. Ultimately, he argues that national decline is a choice, advocating for proactive leadership to avoid it and encouraging innovative governance to renew American culture.
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Economic Impact of COVID-19
- COVID-19's economic impact has been greater than its public health impact, comparable to a world war.
- Lockdowns, a new response option, caused a massive economic shock, possibly outweighing public health benefits.
Income Inequality
- Bari Weiss notes a shift from abstract understanding of income inequality to a visceral experience during the pandemic.
- She observed how lockdowns disproportionately affected lower-income individuals unable to work from home.
Elite Hypocrisy and Gilded Age
- Niall Ferguson argues that elite hypocrisy is not new, citing the 2008 financial crisis as a precedent.
- He suggests that the US has been in a gilded age since the 1990s, benefiting the top 1% while neglecting others.