
Niall Ferguson's Time Machine applies historical perspective to contemporary problems in economics and politics, because the further back you look, the further ahead you can see.
| Platform | Pricing | Freemium | Publishes | Daily | |
|---|---|---|---|---|---|
| Issues | 138 | Founded | 2 years ago | Last Issue | 6 days ago |
| Active | |||||

“In economics, things take longer to happen than you think they will,” the economist Rüdiger Dornbusch famously observed, “and then they happen faster than you thought they could.”
He had financial crises in mind. In history, and especiall...
Taiwan is where the uneasy peace between the United States and China will be tested—and possibly broken. Beijing believes that "reunification" is inevitable. American military strength has preserved peace and stability for decades, but its...
This discussion was recorded on April 26, 2026 at UATX in Austin.
00:00 — Preview
00:36 — Why should Americans care about Iran?
05:14 — Operation Epic Fury
08:25 — Niall's Iran predictions
10:54 — The return of political vio...
In this video, I join the great George Will for a wide-ranging conversation recorded at the 2026 George F. Will Award ceremony in Washington, D.C. The occasion was my receiving the George F. Will Award for the Advancement of Liberty and the...
Pre...
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The writers behind this newsletter.
Milbank Family Senior Fellow at the Hoover Institution, Stanford. Author of 16 books, including The Ascent of Money, Civilization, and Doom. Columnist with the Free Press. Founder of Greenmantle. Co-founder of the University of Austin.
Professor, Virginia
H. R. McMaster is a senior fellow at the Hoover Institution, Stanford University and distinguished visiting fellow at Arizona State University. He is author of the bestselling books Dereliction of Duty, Battlegrounds, and At War With Ourselves.
Economist at the Hoover Institution
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