“Beware conventional wisdom and groupthink. Be skeptical of tidy explanations for complex past events. Be even more skeptical of confident predictions of future human behavior. Don’t fight the last war.”
[from “Davos 2009: Beware the Tide of Groupthink” via BusinessWeek. Hat tip to Tim O’Reilly’s excellent Twitter feed.]
Pretense of knowledge, anyone? What if the Austrian school of economics is right? If so, what happens next?
What builds trust? What destroys it? What store of value is safe?
