Mises Wire
Author:
George Ford Smith
Online Publish Date:
Doing the same thing repeatedly and expecting different results is colloquially defined as insanity, per a quote attributed to Albert Einstein. Call me insane, but I wince whenever I hear this. As a rule of thumb, it’s fine but it can be slippery. I’m reminded of another quote from the Greek philosopher Heraclitus who is alleged to have said, “A