Summary: Bad decisions often transform a crisis into a disaster. Sometimes bad decisions are unavoidable. Today we’ll look at two episodes of the past, mining them for useful lessons for us about leadership. Contents Introduction Learning from the Titanic Learning from the Great Depression Looking at responses to the 2008-2009 crash, and the crises that …
The Titanic’s lessons for us about the coming economic crisis Read More »
Introduction: This is another in a series of dashed off speculative opinions. Normal procedure on the FM website for these topics would be 3 thousand word posts, supported by dozens of links. I dont’ have the time to finish them, and too many of these outlines have accumulated in my drafts file. Perhaps these will spark useful debate …
A lesson from the Weimar Republic about balancing the budget Read More »
History shows the difficulty of predicting the short-term path of economic or political events. However, we can often see the medium-term with greater clarity. In January 1942 none could forecast the events of the next 44 months, but it did not take an expert to see that the US would defeat Japan. So it is with the …
A happy ending to the current economic recession Read More »
