What Can We Learn From History?

"What we should learn from history is simply people's actions, conduct and the choices that they made earlier in recent history," he says. "If you were in a private company and somebody made a really big bet on the company's assets, and it really went horribly wrong, would you let that person make decisions again? What would happen to that person?" 'We simply keep the same people who made the initial mistakes in similar positions of power and never change that'