Niall Ferguson Tries to Promote Generational Warfare from the Land of the Excel Spreadsheet Error (Harvard)

Niall Ferguson, who was last seen predicting soaring interest rates and hyperinflation as a result of the Obama stimulus and Fed's QE policy is now calling for generational warfare as the best route to rescue the country's young. In a piece for the Daily Beast, Ferguson complains about the lack of social mobility in the United States, noting that it now trails many other wealthy countries in the percentage of low income children who move up into higher income quintiles.

Ferguson goes through...