History repeats itself, they say, though never exactly and always with some quirk or unexpected feature that can lead the unwary to make fools of themselves. One version has it, the first time as tragedy, the second time as farce, but I'd say the first time as excitement, the second time as frustration, or perhaps the first time in naïve optimism and the second time in experienced confidence.
Anyway I was reminded of this talking about the egregious errors of road traffic forecasting...
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Phil Goodwin
Phil Goodwin
Phil Goodwin is professor of transport policy at the Centre for Transport and Society, University of West of England, Bristol, and emeritus professor at University College London. Email: philinelh@yahoo.com