Why Don't We Learn from History?
Social herding presses us to think that everything is OK (or not OK) because everyone else is saying so. The inside view presses us to ignore the lessons of other times and other places, believing that our company, our nation, our new venture, or our era is different. It is important to push back against these biases. You can do this by paying atte
... See moreRichard Rumelt • Good Strategy Bad Strategy: The Difference and Why It Matters
The only thing history teaches us, a wise man once said, is that history doesn’t teach us anything.
Michael Lewis • Liar's Poker: From the author of the Big Short
Those who suffer from historical amnesia, the belief that we are unique in history and have nothing to learn from the past, remain children. They live in an illusion.
Chris Hedges • Empire of Illusion: The End of Literacy and the Triumph of Spectacle
Why Don’t We Learn From History?: [History] cannot be interpreted without the aid of imagination and intuition. The sheer quantity of evidence is so overwhelming that selection is inevitable. Where there is selection there is art. Those who read history tend to look for what proves them right and confirms their personal opinions. They defend loyalt
... See moreMorgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Human stupidity is one of the most important forces in history, yet we often tend to discount it.