Thursday, August 13, 2009
repeat then repeat then repeat...
On ReasonTV, Robert Samuelson describes the last 25 years of prosperity as a time when we forgot that crashes and downturns really do happen. "We lost our sense of risk." That is very similar to Kissinger's explanation of World War I. After a century without a major war the Europeans "lost their sense of the tragic."
Never learning from history, we seemed doomed to always be Santayana's bitch.
Never learning from history, we seemed doomed to always be Santayana's bitch.
