Niall Ferguson Don t Trust Democrats to Fix Economy

Description: Complete video at: fora.tv Harvard historian Niall Ferguson argues that Barack Obama's plans to increase income taxes for wealthy Americans could lead to an economic climate similar to the "stagflation" period of the 1970's. ----- Professor and historian Niall Ferguson asks what the ramifications of the subprime crisis will be in the realm of grand strategy and politics. Is this an historical turning point, marking a decisive shift in financial power from West to East? Or are rumours of the death of the dollar and the decline of American empire exaggerated? - Hoover Institution Niall Ferguson, MA, D.Phil., is the Laurence A. Tisch Professor of History at Harvard University. He is a resident faculty member of the Minda de Gunzburg Center for European Studies. He is also a Senior Research Fellow of Jesus College, Oxford University, and a Senior Fellow of the Hoover Institution, Stanford University.