Shirley Hazzard Quotes
... one doesn't really profit from experience; one merely learns to predict the next mistake.
Hazzard, Shirley. The Transit of Venus. Viking Press, 1980.
See {630835} for a similar statement.
See {538783} for a similar statement.
Greenspan, and his huge staff of economists all completely missed predicting the Meltdown of 2008. They had the power to regulate many of the banks and other companies that got into trouble in the Great Recession. However, all the financiers and economists of the banks of America with their staffs, not only missed the predictions but recommended the disastrous course of activity that almost destroyed the nation’s economy. Only a handful of economists predicted the Meltdown. Those few were not connected with any of the banks or any of the government bank regulators which had become so much like each other as the result of the revolving door, that there was little difference in their thinking.
Shirley Hazzard was an Australian-American novelist, short story writer, and essayist. She was born in Australia and also held United States citizenship.
