A country’s economic fortunes are determined by a combination of natural endowments (geography, broadly speaking) and human action (history, for shor… - Niall Ferguson

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A country’s economic fortunes are determined by a combination of natural endowments (geography, broadly speaking) and human action (history, for short): this is economic history’s version of the nature-nurture debate.

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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.

Also Known As

Native Name: Niall Campbell Ferguson

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A century ago it was the West’s great blunder to think it would not matter if Lenin and his confederates took over the Russian Empire. Incredible as it may seem, I believe we are capable of repeating that catastrophic error. I fear that, one day, we shall wake with a start to discover that the Islamists have repeated the Bolshevik achievement, which was to acquire the resources and capability to threaten our very existence.

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Africa was in fact a great deal less primitive than they imagined.… However, in three respects it struck the Victorians as benighted. Unlike North Africa, the faiths of sub-Saharan Africa were not monotheistic; except for its northern and southern extremities, it was riddled with malaria, yellow fever and other diseases lethal to Europeans (and their preferred livestock); and, perhaps most importantly, slaves were its most important export – indeed, supplying slaves to European and Arab traders along the coast became the continent’s biggest source of revenue. The peculiar path of global economic development led Africans into the business of capturing and selling one another.

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