
Why Don't We Learn from History?

The March of Folly, Barbara Tuchman traces the history of devastating large-scale policies “pursued contrary to ultimate self-interest,”
Peter M. Senge • The Fifth Discipline
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
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 attention to real-world data that refutes the echo-chamber chanting of the crowd—and by learning the lessons
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