In the discussion, the British historian Niall Ferguson argues that Ferguson's law likely applies to the United States and the USA is in its late empire stage. On the other hand, the American historian Stephen Kotkin takes the opposite position and argues the future of the United States is bright and due to its various strengths and dynamism. The American economist John H. Cochrane takes the middle view. | In the discussion, the British historian Niall Ferguson argues that Ferguson's law likely applies to the United States and the USA is in its late empire stage. On the other hand, the American historian Stephen Kotkin takes the opposite position and argues the future of the United States is bright and due to its various strengths and dynamism. The American economist John H. Cochrane takes the middle view. |