Notable Examples
Prominent examples of wishful thinking include:
- Economist Irving Fisher said that "stock prices have reached what looks like a permanently high plateau" a few weeks before the Stock Market Crash of 1929, which was followed by the Great Depression.
- The Kennedy administration maintained that, if overpowered by Cuban forces, the CIA-backed rebels could "escape destruction by melting into the countryside" in the Bay of Pigs Invasion.
Read more about this topic: Wishful Thinking
Famous quotes containing the words notable and/or examples:
“Every notable advance in technique or organization has to be paid for, and in most cases the debit is more or less equivalent to the credit. Except of course when it’s more than equivalent, as it has been with universal education, for example, or wireless, or these damned aeroplanes. In which case, of course, your progress is a step backwards and downwards.”
—Aldous Huxley (1894–1963)
“No rules exist, and examples are simply life-savers answering the appeals of rules making vain attempts to exist.”
—André Breton (1896–1966)