Are we truly living in the first "Networked Age"? Niall Ferguson, Senior Fellow at Stanford's Hoover Institution, argues that social networks are nothing new, and actually have been fundamental in shaping history. With over 2 billion Facebook users, what lessons can be learned by examining social networks of the past? How can "new" networks create social change, impact businesses, and influence policy? Ferguson talks networks and power with Markos Kounalakis, visiting fellow at Stanford's Hoover Institution.

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