When History and Finance Go Wrong

res1014coverMy October column for Research magazine is now available online. Here’s how it opens.

On a fine morning 100 summers ago in Sarajevo, an automobile driver ferrying the Austro-Hungarian Archduke Franz Ferdinand made a wrong turn off the main street into a narrow passageway and came to a stop directly in front of a teenaged activist member of the Serbian terrorist organization Black Hand. Gavrilo Princip drew his pistol and fired twice. The archduke and his wife fell dead. Within hours, World War I was well on its way to seeming inevitable (or at least necessary), all because of a wrong turn. And the idea that history is rational and sheds light on an intelligible story, much less a story of inevitable and inexorable advance, was also shot dead, as dead as the archduke himself.

I hope you’ll read it all.

When History and Finance Go Wrong

3 thoughts on “When History and Finance Go Wrong

  1. snap…i will use this analysis in my lectures in my history of missions classes. I am teaching students how to prepare for the future..thanks so much.

  2. Pingback: When History and Finance Go Wrong – Above the Market | Marty Investor

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