All truth passes through three stages.

First, it is ridiculed,
second, it is violently opposed,
third, it is accepted as being self-evident.

- Arthur Schopenhauer

Our society has passed through thirty years of tearing down established wisdom.  We’ve witnessed a housing bubble where the traditional thinkers were ridiculed.  We’ve witnessed a stock market bubble where the traditional thinkers were ridiculed.  We’ve witnessed many business practices embraced where the traditional thinkers were ridiculed.

We’ve witnessed long established truths replaced with popular theories.  They seemingly worked for a while, which reinforced their support and broadened the appeal, but as they were working, they were sowing the seeds of their own destruction.

Well, here we are with the aftermaths of a stock market bubble and a housing bubble.  Traditional truths that were formerly ridiculed are suddenly accepted as being self-evident.

Oh, the stages truth must pass through to become accepted, and oh, the damage wrought until then.