Agricultural Economics, Department of
Cornhusker Economics
Date of this Version
12-12-2018
Document Type
Newsletter Issue
Citation
Cornhusker Economics, May 23, 2019
Agricultural Economics, University of Nebraska-Lincoln
Abstract
One of the maxims often heard in economics, agriculture, and politics is that those who do not learn from history are bound to repeat it. At first glance, this is a pessimistic view of human behavior. However, I believe that in some part it is a reflection of the positive spirit exhibited by many Americans. While it is true some have not bothered to learn from history, others have simply emphasized the positive times while simultaneously limiting the memory of more challenging experiences.