Quote Originally Posted by LDAHL View Post
So they occur when people with no direct experience or memory of how bad things can get decide to dice with disaster to pursue ill-conceived social theories? Thereby creating a mess for future generations to clean up? Lather, rinse, repeat, forever?

That's bleak enough to have the ring of truth.
Basically, yeah. But not just social theories. Business theories too, like creating quadrillions of dollars of derivatives that are all probably going to fail in a massive cascading domino effect.