Professor Niall Ferguson’s Take On The Current Global Situation

Policy Exchange: Niall Ferguson compares balance of power to Congress of Vienna at Policy Exchange’s Anglo-American conference

Professor Niall Ferguson, who spoke at the launch of Policy Exchange’s new Anglo-American project, argued that the best historical analogy for the current balance of powers is with the pentarchy of five great powers that dominated European (and hence world) affairs for a century after the Congress of Vienna of 1814-15. A modern pentarchy was created in the form of the permanent members of the UN Security Council. Professor argues that “Whether or not these five great powers can make common cause once again is the great geopolitical question of our time.”

Professor Ferguson’s full remarks are given below:

Read more ....

WNU Editor: I love reading this stuff. Kudos to the Policy Exchange for making this happen .... New Anglo-American project launched with high-level conference in Washington (Policy Exchange).

Hat tip to Gabriel for the above link.