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Niall Ferguson on the History’s Hidden Networks

Niall Ferguson has challenged how we think about money, power, civilisation and empires. Now he wants to reimagine history itself.

Have historians misunderstood everything? Have they missed the single greatest idea that best explains the past?

Niall Ferguson is the preeminent historian of the ideas that define our time. He has challenged how we think about money, power, civilisation and empires. Now he wants to reimagine history itself.

In october 2017, Ferguson came to the Intelligence Squared stage to unveil his new book, The Square and The Tower. Historians have always focused on hierarchies, he argued – on the elites that wield power. Economists have concentrated on the marketplace – on the economic forces that shape change. These twin structures are symbolised for Ferguson by Siena’s market square, and its civic tower looming above. But beneath both square and tower runs something more deeply significant: the hidden networks of relationships, ideas and influence.

Networks are the key to history. The greatest innovators have been ‘superhubs’ of connections. The most powerful states, empires and companies have been those with the most densely networked structures. And the most transformative ideas – from the printing presses that launched the Reformation to the Freemasonry that inspired the American Revolution – have gone viral precisely because of the networks within which they spread.

‘When we understand these core insights of network science,’ explained Ferguson, ‘the entire history of mankind looks quite different.’


Speakers

Chair

Rana Mitter

Historian, author and broadcaster


Historian, author and broadcaster. He is director of the University China Centre at the University of Oxford, where he is Professor of the History and Politics of Modern China. His new book, China's Good War: How World War II is Shaping a New Nationalism, will be published in September this year. He is a regular presenter of the arts and ideas programme Free Thinking on BBC Radio 3.
Featuring

Niall Ferguson

One of the UK’s most renowned historians and his latest book is Doom: The Politics of Catastrophe


Milbank Family Senior Fellow at the Hoover Institution, Stanford University, and a senior faculty fellow of the Belfer Center for Science and International Affairs at Harvard. He is the author of sixteen books, including The Pity of WarThe House of RothschildEmpireCivilization and Kissinger, 1923-1968: The Idealist, which won the Council on Foreign Relations Arthur Ross Prize. He is an award-winning filmmaker, too, having received an international Emmy for his PBS series The Ascent of Money. His 2018 book, The Square and the Tower, was a New York Times bestseller and was also adapted for television by PBS as Niall Ferguson’s Networld. In 2020 he joined Bloomberg Opinion as a columnist. In addition, he is the founder and managing director of Greenmantle LLC, a New York-based advisory firm, a co-founder of Ualá (a Latin American financial technology company), and a trustee of the New York Historical Society, the London-based Centre for Policy Studies, and the newly founded University of Austin. His latest book, Doom: The Politics of Catastrophe, was published in 2021 and was shortlisted for the Lionel Gelber Prize. He is currently writing Kissinger, 1969-2023: The Player and is a visiting professor at the London School of Economics.