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For much (though certainly, as we shall see, not all) of its history, the British Empire acted as an agency for imposing free markets, the rule of la… - Niall Ferguson
" "For much (though certainly, as we shall see, not all) of its history, the British Empire acted as an agency for imposing free markets, the rule of law, investor protection and relatively incorrupt government on roughly a quarter of the world. The Empire also did a good deal to encourage those things in countries which were outside its formal imperial domain but under its economic influence through the ‘imperialism of fair trade’.
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About Niall Ferguson
Niall Campbell Douglas Ferguson (born 18 April 1964) is a British historian. He is the Laurence A. Tisch Professor of History at Harvard University. He is also a Senior Research Fellow of Jesus College, University of Oxford and a Senior Fellow of the Hoover Institution, Stanford University.
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Niall Campbell Ferguson
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‘Amazing Grace’ is the supreme hymn of Evangelical redemption….It is therefore tempting to imagine John Newton suddenly seeing the light about slavery and turning away from his wicked profession to dedicate himself to God. But the timing of Newton’s conversion is all wrong. In fact, it was after his religious awakening that Newton became the first mate and then the captain of a succession of slave ships, and only much later that he began to question the morality of buying and selling his fellow men and women.
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The empire that rules the world today is both more and less than its British begetter. It has a much bigger economy, many more people, a much larger arsenal. But it is an empire that lacks the drive to export its capital, its people and its culture to those backward regions that need them most urgently and which, if they are neglected, will breed the greatest threats to its security. It is an empire, in short, that dare not speak its name. It is an empire in denial.
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