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View Diary: The End of Economic Growth, Economic Inequality, and Class War (25 comments)

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  •  There's a whole Wiki (2+ / 0-)
    Recommended by:
    semiot, TomP

    page of a collection of FAILED Predictions HERE. The end of economic growth/history etc. has lots of company.

    A few choice ones:
    "Radio has no future."
         1897, Lord Kelvin

    "With over fifteen types of foreign cars already on sale here, the Japanese auto industry isn’t likely to carve out a big share of the market for itself."
         Business Week, August 2, 1968.

    "A rocket will never be able to leave the Earth's atmosphere."
         New York Times, 1936.

    "There is not the slightest indication that nuclear energy will ever be obtainable. It would mean that the atom would have to be shattered at will."
         Albert Einstein, 1932.

    "Louis Pasteur's theory of germs is ridiculous fiction."
         Pierre Pachet, British surgeon and Professor of    
            Physiology at Toulouse, 1872.

    "We don't like their sound, and guitar music is on the way out."
         Decca Records, when they rejected The Beatles, 1962.

    I'm skeptical of the prognosticating skills of humans.


    "God has given wine to gladden the hearts of people." Psalm 104:15

    by WineRev on Mon Oct 15, 2012 at 02:27:18 PM PDT

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