The Descent of Finance Video

Niall Ferguson, Harvard professor, discusses the history -- and future -- of finance with Harvard Business Review editor-in-chief Adi Ignatius.

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Because who says we ...
Because who says we will still be on Earth? in 500 years time?

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Nakss!?
Nakss!?

I like how he ...
I like how he explained his view on the economy and finance. this is a really great help for my coming report. This is really a good resource material for my Finance? class.

nice one!?
nice one!?

the? guy ...
the? guy interviewing him has a real good southern accent!!

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An economy that ...
An economy that only economises for the rich....? well done

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He seems pretty ...
He seems pretty optimistic in this particular video but not in the previous? article that he is talking about now,people need to save their money and pay down on reasonable mortgages.

Why on Gods green ...
Why on Gods green earth do you spell the name Neil like that? His name looks like its called? "knee-all".

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WRONG! He's ...
WRONG! He's Scottish and? sounds Scottish

hes scottish and? ...
hes scottish and? has a strong scottish accent

His? predictions ...
His? predictions have come true

nowdays finance ...
nowdays finance system imho is biggest? heist of mankind

@viktorhat Quality ...
@viktorhat Quality of educational systems is not as important as the social ambitions of the population. The US has one? of the highest productivity rates per person in the world regardless of the quality of their education.

WHEN EVERYONE'S OUT ...
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Yeah, I think you ...
Yeah, I think you are taking a position that has some merit, and one could argue it very well. Americans are a strange people, with a bizzare subculture. ?

- Well thats ...
- Well thats because America is a very insulated and isolated country. Most Americans are very biasd and arrogant and know nothing of the outside world. I can't remeber the exact figure but I think that over 80% of Americans don't own passports, while here in the UK the figure is almost opposite. In US schools you are taught about America and not much about the outside world, I would even go as far to say that US elementary schools are nothing? but propagander factories!!!

Great! Im in my ...
Great! Im in my last year of law at London School of Economics! Thanks for the heads up man, I couldnt be happier! But it doesn't change the fact I have never,? EVER in my life heard anyone I went to high school with say "Aw man! I cant wait to get into Uni of Bangledesh" while I have heard plenty off people say "Harvard....if only!"

- The fact still ...
- The fact still remains that the? American educational system could be a hell of a lot better and is simply not as good as a lot of other countries. The US education system can only be said to be good at a university level. Now take into account that only students with the cash actually get into uni, and then take into account that 1 in every 4 students will drop out. I also read somewhere that a degree at the top US uni's is only worth half of that of a top UK uni degree.

Beijing was a ...
Beijing was a random example I picked to underscore a more genral point, which I shall now reword: I? have been to 3 different high schools, and in my time I do not recall one student ever telling me how he planned to go study in another country. I have heard manhy students say they would love to go to Harvard or cross the pond so they could go to Oxford. This post started off as a discussion about economic collapse and where th eblame lies, not an educational excursion.

- "Beijing" lol, ...
- "Beijing" lol, why would you even use that comparison? The US has some of the worlds finest universities? yes, but only becuase they are very privatised and only students with scholarships and bags of money get to go there. The cost of a decent education in the US is many, many times higher then most Europian countries. Besides having a few good Uni's does not make a good educational system...

Well, go to NYU ...
Well, go to NYU campus and walk around. YOu will see many foreign students. Now? go to a university and Beijing, see how many American, CAnadian, or English students you see there. Virtually none.

- Why would you go ...
- Why would you go to the states for a good education? The only way you really get a good? education in the states, is if you have a but load of money, otherwise the US really has a very below average education system.

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@viktorhat Well ...
@viktorhat Well this is this and that is that...you want Oktoberfest, go to Germany. You want a good education,? go to States or England. I think thats pretty much common knowledge, and im not interested in disputing the point with you. Its tedious.

@viktorhat Sorry, ...
@viktorhat Sorry, we seem to be walking into a definitional problem here: I dont like your line of reasoning, bcuz society by definition is MADE up of 'the average' .As to your second point I feel I have to disagree. US/Canada are some of the best educated countries in the world, (Harvard, Yale, Dartmouth, MIT, do I need to? continue?), c'mon man, we have the ed, but the jobs are just not there anymore. Sorry man, I CANNOT agree with you! The facts do not support your line of reasoning.