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Adopting new views 

One of the interesting parts of the Great Depressions from history is not just how the economy collapsed, but how quickly and dramatically people’s views changed when it did.

People suffering from immediate, unexpected adversity are likely to adopt views they previously thought absurd. It’s not until your life is in full chaos (with your hopes and dreams your dreams unsure) that people begin taking ideas they’d never consider before seriously.

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MORE IDEAS FROM THE SAME ARTICLE

It occurs when people persuasive enough to make something grow don’t have the type of personality that allows them to stop before pushing too far.

Yes, decisions should be made with facts. But in reality, to those directly involved, they’re made with contextualized facts (with things like social signaling, time horizon, office politics, government politics, year-end bonus targets, making up for past mistakes, insecurities, etc). The easiest...

There are lots of overnight tragedies. There are rarely overnight miracles.

The most important lessons from history are the takeaways that are so broad they can apply to other fields, other historical times, and other people. 

There’s a long history of people adapting and rebuilding while the scars of their ordeal remain forever, changing how they think about risk, reward, opportunities, and goals for as long as they live.

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