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Renowned Historian Niall Ferguson Delivered a Course “China and the World: A Historic Perspective” at Tsinghua SEM

2016-05-26
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On May 15th, after the final lecture of the course, Professor HE Ping from Finance Department of Tsinghua SEM had an hour-long dialogue with Professor Ferguson. Professor HE directed a wide range of pertinent questions, from the historical patterns of wealth creation and accumulation, and family wealth inheritance to recent happenings such as the TPP and the Baidu scandal. Professor Ferguson handled the questions with oratorical flair, sharing snippets from his different books such as the six killer apps from “Civilization” as well as investment advice from the Rothschild family: stay risk adverse, invest over multiple generations and look at the long term horizon. Professor Ferguson even mentioned his “good friend, Peter Thiel” who also recently came to Tsinghua SEM to deliver his very own course and shared their difference of opinion on the costs and benefits of a monopoly. With regards to questions for his opinion on international relations, such as territorial conflicts and middle east problems, Professor Ferguson quoted Kissinger on how China should “agree to differ” and acknowledge differences, while at the same time maintaining economic cooperation.