” 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. “
” Ask me not, ‘Are you rightwing,’ but ask me ‘Are you a committed believer in individual freedom, the values of the enlightenment?’ Then, yeah, if being rightwing means believing Adam Smith was right, both in the ‘Wealth of Nations’ and the ‘Theory of Moral Sentiments,’ then I’m rightwing. “
” As a teacher, my strategy is to encourage questioning. I’m the least authoritarian professor you’ll ever meet. “
” Over time, the welfare state has become dysfunctional in a surprising way. But in a way it became a victim of its own success: It became so successful at prolonging life, that it becomes financially unsustainable, unless you make major changes to things like retirement ages. “
” What’s so seductive about the efficient markets hypothesis is that it applies nine years out of ten. A lot of the time it works. But when it stops working, you blow up. “
All 5 Niall Ferguson Quotes about You in picture
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