Douglas_Knight comments on Great Books of Failure - Less Wrong

26 Post author: Eliezer_Yudkowsky 19 April 2009 12:59AM

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Comment author: Douglas_Knight 19 April 2009 05:49:58AM 1 point [-]

many people knew this was a terrible idea!

I'm concerned about hindsight. Lewis only says that the old guard objected, but he doesn't make it entirely clear why; "moral disapproval" doesn't suggest consequentialism.

Lewis certainly does suffer from hindsight. The article claims that he was "waiting for the end of Wall Street," while his book says "I didn't think Wall Street would collapse."