Niall Ferguson
Niall Ferguson
International man of history. Author, broadcaster, @HooverInst senior fellow. Latest book is The Square and the Tower (Penguin, October 2017). Opinions my own.Source
Stanford, CA
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Bitcoin Is Winning the Covid-19 Monetary Revolution

Bitcoin Is Winning the Covid-19 Monetary Revolution

In “Shuggie Bain,” Douglas Stuart’s award-winning and harrowing depiction of alcoholism, sectarianism and deprivation in post-industrial Scotland, money is always scarce and often dirty. Deserted by her second husband and unable to hold down a job, Shuggie’s mother, Agnes, relies on her twice-a-week child benefit to feed her children — or her booze habit. As the latter nearly always wins, she and Shuggie are regularly reduced to desperate expedients to fend off starvation: Extracting coins from electricity and television meters, pawning their few valuable possessions, and ultimately selling...

November 29, 2020
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