approach reveals a point that is often overlooked. It is certainly desirable that societies with bad institutions should get better ones. We see that process going on today all over the world, in much of Asia, in parts of South America and even in Africa. But there is a more insidious process that is going on at the same time, whereby societies with good institutions gradually get worse ones. Why is this? Who exactly are the enemies of the rule of law, the people responsible for the marked deterioration that I detect in our institutions on both sides of the Atlantic? My answers to these questions owe a considerable debt to a now large body of
by Niall Ferguson
(0 Reviews)

This discussion highlights a crucial and often neglected aspect of societal development. While it is important for regions with weak institutions to improve, we must also recognize the alarming trend of deterioration in societies that traditionally have strong institutions. This dual process is evident across various regions, including Asia, South America, and Africa, suggesting a global shift in institutional integrity.

The author raises critical questions about the forces undermining the rule of law and contributing to this decline in good institutions. The insights draw from Niall Ferguson's significant work, "The Great Degeneration: How Institutions Decay and Economies Die," which explores these themes in detail. Understanding the dynamics at play can help in addressing the challenges both emerging and established societies face regarding institutional integrity.

Stats

Categories
Votes
0
Page views
1
Update
February 04, 2025

Rate the Quote

Add Comment & Review

User Reviews

Based on 0 reviews
5 Star
0
4 Star
0
3 Star
0
2 Star
0
1 Star
0
Add Comment & Review
We'll never share your email with anyone else.
More »

Other quotes in The Great Degeneration: How Institutions Decay and Economies Die

More »

Other quotes in book quote

More »

Popular quotes

My life amounts to no more than one drop in a limitless ocean. Yet what is any ocean, but a multitude of drops?
by David Mitchell
Small towns are like metronomes; with the slightest flick, the beat changes.
by Mitch Albom
Look, if you say that science will eventually prove there is no God, on that I must differ. No matter how small they take it back, to a tadpole, to an atom, there is always something they can't explain, something that created it all at the end of the search. And no matter how far they try to go the other way – to extend life, play around with the genes, clone this, clone that, live to one hundred and fifty – at some point, life is over. And then what happens? When the life comes to an end? I shrugged. You see? He leaned back. He smiled. When you come to the end, that's where God begins.
by Mitch Albom
You say you should have died instead of me. But during my time on earth, people died instead of me, too. It happens every day. When lightning strikes a minute after you are gone, or an airplane crashes that you might have been on. When your colleague falls ill and you do not. We think such things are random. But there is a balance to it all. One withers, another grows. Birth and death are part of a whole.
by Mitch Albom
A half-read book is a half-finished love affair.
by David Mitchell
Our lives are not our own. We are bound to others, past and present, and by each crime and every kindness, we birth our future.
by David Mitchell
Travel far enough, you meet yourself.
by David Mitchell
The pollenless trees were genomed to repel bugs and birds; the stagnant air reeked of insecticide.
by David Mitchell
A random sequence of seemingly unrelated events.
by David Mitchell
People pontificate, "Suicide is selfishness." Career churchmen like Pater go a step further and call in a cowardly assault on the living. Oafs argue this specious line for varying reason: to evade fingers of blame, to impress one's audience with one's mental fiber, to vent anger, or just because one lacks the necessary suffering to sympathize. Cowardice is nothing to do with it - suicide takes considerable courage. Japanese have the right idea. No, what's selfish is to demand another to endure an intolerable existence, just to spare families, friends, and enemies a bit of soul-searching.
by David Mitchell