The Morgan Housel Podcast

How to Engage With History

53 snips
Feb 28, 2024
Explore the timeless patterns in human behavior as history replays itself. Learn how emotions like greed and fear shape societal actions across generations. Delve into lessons from past economic crises and their relevance to today’s challenges. Engaging with history isn’t about the specifics, but recognizing the recurring themes that can guide our present and future.
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ANECDOTE

Baldwin's Inspiration

  • James Baldwin found solace in reading, realizing his struggles weren't unique.
  • Books revealed his pain connected him to everyone else, alive or dead.
INSIGHT

History Repeats Itself

  • History's specifics change, but core human behaviors repeat.
  • Focus on recurring behaviors, not unique events, to understand and forecast.
INSIGHT

Sauer's Critique

  • Hanno Sauer criticizes philosophy's focus on ancient thinkers due to their limited knowledge.
  • He argues we should study contemporary philosophers who are less likely to be wrong.
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