LOL, the guy who famously claimed that rising bond yields in 2009 were a sign of vigilantism? Most people won't understand what a Palin-like error that was. He basically went way out on left field to make a prediction that, if true, would have turned
everything upside down, and was spectacularly wrong. Even more funny, at the time it was being spun as an epic intellectual battle between him and Paul Krugman.
This article tries to give you a hint:
http://www.businessinsider.com/niall-ferguson-has-been-wrong-on-economics-2012-8
