The Ascent of Money
Saturday, January 31st, 2009by Niall Ferguson
Home-owning Democracy
“An Englishman’s home is his castle, or so the saying goes. Americans, too, know that (as Dorothy says in The Wizard of Oz) there’s no place like home – even if the homes do all look rather similar. But the origins of the Anglo-American model of the highly geared home-owning family lie [...]