When Everybody Knows Something, Nobody Knows Anything

Re-examining the stability of the status quo
Tuesday, July 2, 2013, 6:43 PM
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Once upon a time, everybody knew that the earth was flat.  Then they all knew that it was round, but at the center of the universe.  In 1929, everybody was sure that a new permanent prosperity had been discovered. The next decade proved how wrong that assumption was.

As is repeatedly borne out in life, when everybody knows something, nobody knows anything. 


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