Niall Ferguson Quotes


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Lodge was particularly concerned that under the proposed treaty the United States would be obligated to support the League of Nations military efforts regardless of American public opinion or Congressional action.


With promises the success lies in following through and keeping the promise which is usually very costly. A threat that fails meanwhile can be the most expensive thing. We make a threat to deter a foreign power from something. Failure occurs when they are not intimidated and go ahead anyway. Then if we follow through on the threat, that is very costly—a war, a trade embargo, or whatever. Not following through on the threat is the costliest of all as we lose our credibility, trust and honor.


Niall Ferguson
Niall Ferguson
  • Born: April 18, 1964
  • Nationality: British
  • Profession: Historian

Niall Campbell Ferguson is a Scottish historian and the Milbank Family Senior Fellow at the Hoover Institution at Stanford University. Previously, he was a professor at Harvard University, the London School of Economics and New York University, visiting professor at New College of the Humanities and senior research fellow at Jesus College, Oxford.