Timothy Garton Ash Quotes


Developments in information technology and globalised media mean that the most powerful military in the history of the world can lose a war, not on the battlefield of dust and blood, but on the battlefield of world opinion.


Citations

Ash, Timothy Garton. Facts are Subversive: Political Writing from a Decade without a Name. Atlantic Books, 2009.

Related Quotes

An economic bubble occurs when the investing public with little logic and facts to support it actions exhibits great enthusiasm and overvalues some kind of asset with the logic that the price is going up and someone later will pay more than I just did—sometimes called the “greater fool theory”. Historically Fama claims that there were no bubbles until there were media to whip up the irrational enthusiasm necessary for a bubble to take place. Capitalist history is full of bubbles ranging from real estate, to tulips; from silver to dot com shares. The damage is always great to the people at the end who are stuck with the object of the bubble which few people want any more. In the period before the bubble, lots of people make money contributing to the demand for the object of the bubble.


Timothy Garton Ash
Timothy Garton Ash
  • Born: July 12, 1955
  • Nationality: British
  • Profession: Author

Timothy Garton Ash CMG FRSA is a British historian, author and commentator. He is Professor of European Studies at Oxford University. Much of his work has been concerned with the late modern and contemporary history of Central and Eastern Europe.