Niall Ferguson '03 versus Niall Ferguson '10...

Matthew Yglesias puts together a hilarious and also very sad mock debate between Niall Ferguson circa 2003 and Niall Ferguson circa 2010.  I really enjoyed Empire and Colossus...but for a historian he makes a piss-poor economist.

Favorite snippet (bold is Niall circa 2003 and italics is Niall earlier this month in the FT):

The only imminent danger is that the dollar could slide sharply against Asian currencies, as it has against the euro. But the chief losers then would be the Asians. And those who panicked about the debt under President Reagan failed to see how manageable it was. It’s even more manageable today.

Hogwash. It was said of the Bourbons that they forgot nothing and learned nothing. The same could easily be said of some of today’s latter-day Keynesians!