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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.’



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 most recent book is the award-winning China’s War with Japan, 1937-45: The Struggle for Survival. He is a regular presenter of the arts and ideas programme Free Thinking on BBC Radio 3.

Niall Ferguson

Renowned historian and author

One of the world’s leading historians, he has been named by Time magazine as one of its 100 Most Influential People. He is a Senior Fellow at the Hoover Institution, Stanford University, and has been Philippe Roman Visiting Professor at the London School of Economics and a Senior Research Fellow at Jesus College, Oxford. His award-winning books include Civilisation: The Six Killer Apps of Western Power, The Ascent of Money: A Financial History of the World, and Empire, as well as biographies of the House of Rothschild and Henry Kissinger. His PBS series The Ascent of Money won the International Emmy for best documentary.