Economic History: Is It a Failure Of Analysis Or Imagination?

History is often used by investors and economists as an unassailable(not to be taken by assault or storm) guide to the future.

— Have you seen where the ironic part of it comes from? And this is exactly where the problem stems from. We always think is smart to have a deep appreciation for economic and investing history.

Because history is what helps us to calibrate our expectations, have a good study of where people tend to go wrong, and probably offer a rough guide of what tends to work.

With this concept, we all think is a map of the future. But I don’t think it is. Or is it?
Well, click the link to read further---- https://blogtostay.com/economic-history-is-it-a-failure-of-analysis-or-imagination/