I enjoyed several of Ferguson’s history books but was disappointed by his book on money because it was not about money per se but about money changers, the people Jesus kicked out of the Temple.
This war has turned into a game of nuclear chicken. If the West chickens out Putin wins and then Putin continues to roll back NATO until there is a nuclear war or global Russian hegemony. Churchill contemplated a similar situation before WWII.
Churchill’s words: Choosing between War and Shame—and getting both.
We seem to be very near the bleak choice between War and Shame. My feeling is that we shall choose Shame, and then have War thrown in a little later on even more adverse terms than at present.
https://richardlangworth.com/war-shame
I trust Churchill much more than Ferguson and Pinker.
The news tells me that the West is not chickening out. French nuclear submarines on the ready, British F-35s flying near the Russian border, Turkey supplying deadly drones and cutting Russian access to the Black Sea, increased military manpower in Eastern Europe, military equipment pouring into Ukraine, Europe cancelling Russian gas purchases.
Let’s face it, stagflation is better than nuclear war. Churchill’s “Never give in.”
Never give in. Never give in. Never, never, never, never–in nothing, great or small, large or petty–never give in, except to convictions of honour and good sense. Never yield to force. Never yield to the apparently overwhelming might of the enemy.
http://www.eng.uwaterloo.ca/~jcslee/poetry/churchill_nevergi…
The Captain