Finance:The Great Degeneration

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The Great Degeneration: How Institutions Decay and Economies Die
The Great Degeneration, book.jpg
Cover of the first edition
AuthorNiall Ferguson
CountryUnited Kingdom
LanguageEnglish
PublisherAllen Lane
Publication date
2013
Media typePrint (Hardcover and Paperback)
Pages176
ISBNISBN:978-1846147432

The Great Degeneration: How Institutions Decay and Economies Die is a 2013 book by the British historian Niall Ferguson, in which the author argues that following the conclusion of World War II, the economic and political supremacy of Western Europe and North America is fading rapidly. He believes that the West is in decline.[1] Ferguson describes an "institutional malaise" that is threatening 500 years of development in the West.[2] Financial Times reviewer Samuel Brittan said the book offers "an informative and enjoyable read."[3]

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