Hormegeddon

Więcej o książce

"Hormegeddon" is a term coined by entrepreneur and New York Times Bestselling Author Bill Bonner to describe the consequences of excess in public policy, economics, and business, which ultimately leads to disaster. Bonner explores historical examples, from Napoleon's invasion of Russia to the collapse of the American healthcare system, and from WWII to the Great Recession. His aim is to understand the failures of history, which is often a narrative filled with debacles rather than a clean tale told by victors. Each disaster serves as a warning; for instance, if a shipbuilder claims that "not even God could sink this ship," it's wise to choose another vessel. Likewise, if the stock market is overvalued and analysts urge investment, it may be time to exit. Public policy failures often arise when well-meaning individuals apply small-scale problem-solving logic to large-scale issues, leading to diminishing returns and eventual catastrophe. These disasters persist despite the intentions of informed individuals, as they are often the architects of the very problems they seek to solve. Bonner's insights illuminate how a small dose of something beneficial can yield favorable results, but excess inevitably leads to downfall, particularly in the realms of public policy and economics.