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Niall Ferguson's Time Machine

Niall Ferguson, Philip Zelikow, Richard Haass, H.R. McMaster, John H. Cochrane
Thousands of paid subscribers

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.

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Issues138Founded2 years agoLast Issue6 days ago
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Latest Issues

The Iran Stalemate

“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...

6 days ago
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In Conversation with Eyck Freymann on "Defending Taiwan: A Strategy To Prevent War With China"

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...

13 days ago
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1

From the War on Iran to the Crisis of the American Republic

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...

13 days ago
56

In Conversation with George F. Will

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...

20 days ago
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The Gap Between Truth (Social) and Reality on Iran

A member of the Basij paramilitary, affiliated with Iran’s Revolutionary Guard, salutes during a parade of pro-government Iranian women in Tehran on April 17. (Sobhan Farajvan/Pacific Press/LightRocket via Getty Images)

Pre...

20 days ago
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Authors

The writers behind this newsletter.

  • Niall Ferguson

    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.

  • Philip Zelikow

    Professor, Virginia

  • Richard Haass
  • H.R. McMaster

    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.

  • John H. Cochrane

    Economist at the Hoover Institution

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