Ferguson argues the United States is an empire and that this may have positive aspects.
“the US is an empire and [...] this might not be wholly bad.”
Ferguson characterizes Iran as a relatively weak power.
“Niall Ferguson: Iran is a relatively weak power, and that is important to bear in mind.”
Ferguson says the best historical analogy for the current situation is British rather than American history.
“Niall Ferguson: The best analogy for where we are is not in American history, it is in British history.”