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65b9c58 There can be no understanding without that sympathy which puts us, through the imagination, and (another's) situation. sympathy thinking Niall Ferguson
483abcb The frenzy of the cheering at the Cow Palace was reminiscent of Nazi times. . . . They [the Goldwater supporters] are the middle class gone rampant: the technocrats, the white collar workers impelled by an almost fanatical zeal. They are the result of a generation of liberal debunking, of the smug self-righteousness of so many intellectuals. . . . They have a faith not a party. The delegates walking around with stamp out Huntley and Brinkle.. Niall Ferguson
ef4130f European sense. No one can predict how it will end because there is no precedent for it. Niall Ferguson
7949459 en Latinoamerica las constituciones se utilizan como instrumentos para subvertir el propio imperio de la ley Niall Ferguson
bdce30a No tenemos ningun interes en Sudamerica; no sentimos ninguna simpatia politicamente fundamentada hacia ellos. Venimos de origenes distintos... Ni todos los tratados que pudieramos hacer, ni los comisionados que pudieramos enviar, ni el dinero que pudieramos prestarles, transformarian a sus Bolivares... en Washingtons'. --Edward Everett Niall Ferguson
6ba68fd the German Workers' Party. Their principal goal, declared its leader in 1913, was 'the maintenance and increase of [German] living space' (Lebensraum) against the threat posed by Czech Halbmenschen ('half-humans'). This was in fact a response to the creation of a Czech National Socialist Party in 1898. Niall Ferguson
a2ad8aa The Emperor and his ministers might dance Western dances and even, in violation of traditional Japanese propriety, smile Western smiles. But their underlying and deadly earnest aim was always to wipe the smiles off European faces. Niall Ferguson
6415e5e Desde que en 1579 se hubieron sacudido del dominio espanol, los holandeses habian estado a la vanguardia del capitalismo europeo. Habian creado un sistema de deuda publica que permitia al gobierno tomar emprestitos de sus ciudadanos a un tipo de interes bajo. Habian fundado una institucion parecida a un banco central moderno. Su moneda era solida. Su sistema impositivo basado en los impuestos internos era simple y eficaz. Niall Ferguson
072418c There are two disadvantages to this political fragmentation. Small countries are often formed as a result of civil war within an earlier multi-ethnic polity - the most common form of conflict since 1945. That in itself is economically disruptive. In addition, they can be economically inefficient even in peacetime, too small to justify all the paraphernalia of statehood Niall Ferguson
6ce7f93 The sequence is clear: first the Glorious Revolution, then agricultural improvement, then imperial expansion, then industrial revolution. Niall Ferguson
ea8eb31 tenuously Niall Ferguson
597be2d Fue la locura financiera, un ciclo autodestructivo de impagos y devaluaciones, la que hizo que Argentina pasara de ser el sexto pais mas rico del mundo en la decada de 1880 a convertirse en un desastre inflacionista en la de 1980. Ferguson Niall
aa2d1db August Belmont was widely attacked in the North during the American Civil War because he favoured a negotiated peace with the South and supported General George McClellan's nom ination as Democrat candidate in 1864. Niall Ferguson
11c3b3a The New York Times detected the sexual dimension of Turkish policy, reporting that 'the Turks frankly do not understand why they should not get rid of the Greeks and Armenians from their country and take their women into their harems if they are sufficiently good looking.' Kemal saw no need to massacre all the Greeks in Smyrna, though a substantial number of able-bodied men were marched inland, suffering assaults by Turkish villagers along .. Niall Ferguson
72a8dc2 Confiamos en Dios>> reza el reverso de los billetes de diez dolares estadounidenses; pero la persona en la que uno realmente esta confiando cuando acepta uno de ellos como pago es el actual sucesor del hombre que esta en el anverso (Alexander Hamilton, el primer secretario del Tesoro de Estados Unidos), Ferguson Niall
0210e92 fin-de-siecle Niall Ferguson
d338da9 Una vida mas larga sin duda representa una buena noticia para los individuos, pero es, en cambio, una mala noticia para el Estado del bienestar y los politicos que tienen que persuadir a los votantes de la necesidad de reformarlo. Hay, sin embargo, una noticia aun peor: el hecho de que, por mas que la poblacion mundial se haga mas vieja, el propio mundo puede estar volviendose al mismo tiempo un lugar mas peligroso. Ferguson Niall
cbe6bc9 and a spike in extreme meteorological events, Niall Ferguson
c9d1f6a man who had exchanged his $1,000 of savings for gold in 1970, while the gold window was still ajar, would have received just over 26.6 ounces of the precious metal. At the time of writing, with gold trading at close to $1,000 an ounce, he could have sold his gold for $26,596. Niall Ferguson
0c5ba9d banks have evolved since the days of the Medici precisely in order (as the 3rd Lord Rothschild succinctly put it), to 'facilitate the movement of money from point A, where it is, to point B, where it is needed'.48 Credit and debt, in short, are among the essential building blocks of economic development, as vital to creating the wealth of nations as mining, manufacturing or mobile telephony. Niall Ferguson
c5c001c only when savers can put their money in reliable banks that it can be channelled from the idle to the industrious. Niall Ferguson
afa9f9a collateralized debt obligations (CDOs) Niall Ferguson
42b5406 Its prime cause was the rise and fall of 'securitized lending', which allowed banks to originate loans but then repackage and sell them on. And that was only possible because the rise of banks was followed by the ascent of the second great pillar of the modern financial system: the bond market. Niall Ferguson
c43b516 As the banks took over the securities, the ratios between their capital and their assets lurched down towards their regulatory minima. Central banks in the United States and Europe sought to alleviate the pressure on the banks with interest rate cuts Niall Ferguson
02aa7e5 apposite Niall Ferguson
e75f891 by the second quarter of the twentieth century one in nine German doctors was a Jew, and one in six lawyers. There were also above-average numbers of Jews working as newspaper editors, journalists, theatre directors and academics. Indeed, they were under-represented in only one of Germany's elite occupational groups, and that was the officer corps of the army. Anti-Semitism, then, was sometimes nothing more than the envy of under-achievers. Niall Ferguson
7983cd0 The Crusades, like the conquests that followed, were as much about overcoming Europe's monetary shortage as about converting heathens to Christianity.14 Niall Ferguson
bc6df41 the way the money was spent ensured that Spain's newfound wealth provided the entire continent with a monetary stimulus. Niall Ferguson
278735c At Tsushima on May 27-28, 1905, the Japanese fleet under Admiral Togo Heihachiro sent two-thirds of the Russian fleet - 147,000 tons of naval hardware and nearly 50,000 sailors - to the bottom of the Korea Strait. Niall Ferguson
37783a9 the Japanese had won by being more European than the Russians; their ships were more modern, their troops better disciplined, their artillery more effective. To Leo Tolstoy, the titan of Russian letters, Japan's victory looked like a straightforward triumph of Western materialism. Niall Ferguson
b28d063 money was commoditized labour, Niall Ferguson
846db1c reified Niall Ferguson
deb2066 If the British wished to abolish the slave trade, they simply sent the navy. By 1840 no fewer than 425 slave ships had been intercepted by the Royal Navy off the West African coast and escorted to Sierra Leone, where nearly all of them were condemned. Niall Ferguson
020ebe3 knout Niall Ferguson
9eb64ca the pairing instinct is the great remover of the limits between individuals, Niall Ferguson
63d1cb5 Ashkenazim Niall Ferguson
b7f53cd losing weight. When we finish eating this horse I Larry McMurtry
aa6f4d9 En teoria el impuesto era pagado por los productores de los articulos afectados, pero en la practica recaia sobre los consumidores, pues los productores se limitaban a agregar el impuesto a sus precios. Incluso el vaso de cerveza o whisky que consumia o cada pipa que fumaba estaban sujetos a impuestos. Como lo dijo Burns, su negocio era <>. Niall Ferguson
fe6e77d From the point of view of most African-Americans, American independence postponed emancipation by at least a generation. Niall Ferguson
d399933 Salvo unas cuantas excepciones, la elite politica britanica, a diferencia de la elite intelectual mayoritariamente socialista, encontro muy dificil aceptar que el imperio tenia que desaparecer como precio a pagar por la victoria. Niall Ferguson
debbf01 En la practica el dinero invertido en una colonia de iure como la India (o en una colonia en todo sentido, excepto el nombre como Egipto) era mucho mas seguro que invertir en una colonia de facto como Argentina. Niall Ferguson
7ca7969 The final National Strategic Target List specified 1,050 Designated Ground Zeros (DGZs) for nuclear weapons, including 151 urban-industrial assets. Even the minimal version of the plan envisioned 650 DGZs being hit by over 1,400 weapons with a total yield of 2,100 megatons. Niall Ferguson
8125bf1 Tambien explica por que Gran Bretana pudo superar a sus rivales ibericos: precisamente porque, por ser una recien llegada a la carrera imperial, tuvo que dedicarse a colonizar los pocos prometedores paramos de Virginia y Nueva Inglaterra, antes que las ciudades de Mexico y Peru, donde el saqueo estaba a la orden del dia. Niall Ferguson
b6c928b El historiador economico David Landes ha elaborado recientemente una lista de medidas que el gobierno ideal tendria que adoptar para el crecimiento y desarrollo: 1. aseguraria los derechos de la propiedad privada del mejor modo posible para alentar el ahorro y la inversion; 2. aseguraria los derechos de libertad individual... tanto contra los abusos de la tirania como... del crimen y la corrupcion; 3. haria cumplir el derecho contractu.. Niall Ferguson