Cover art for The Great Degeneration
Published
Allen Lane, October 2012
ISBN
9781846147432
Format
Softcover, 272 pages
Dimensions
23.2cm × 15.7cm × 1.6cm

The Great Degeneration How Institutions Decay and Economies Die

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What exactly is amiss with Western civilization? Niall Ferguson argues that it is our institutions - the intricate frameworks within which a society can flourish or fail - that are degenerating. Our democracies have broken the contract between the generations by heaping IOUs on our children and grandchildren.

Our markets are increasingly distorted by over-complex regulations. The rule of law has metamorphosed into the rule of lawyers. And civil society has degenerated into uncivil society, where we lazily expect all our problems to be solved by the state. This book is based on Niall Ferguson's 2012 BBC Reith Lectures, which were broadcast under the title "The Rule of Law and Its Enemies".

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