He told Newsweek about his five most important books. And addressed two related issues:
A book you hope parents will read to their kids:Read more about Niall Ferguson's five most important books.
J.R.R. Tolkien's "The Hobbit." There is no greater work of fiction for young readers.
A classic that, upon revisiting, disappointed:
Jack Kerouac's "On the Road." I've lost that youthful exuberance that once made me tolerant of his monumental self-indulgence.