I am a prophet of doom. There tends to be an oversupply of prophets of doom, and the proportion who turn out correct is quite small.
Equally, there are also a large number of prophets of non doom, for example the numerous prophets of complacency during the fall of the Roman Empire in the west, who assume that everything will continue as today, often even when spectacular collapse is under way, they assume that everything has now stabilized, or will very shortly stabilize.
So, I reach for the mantle of an accurate prophet: Ayn Rand in her science fiction novel Atlas Shrugged accurately predicted the condition of today’s Detroit, though her book was published when Detroit had the highest standard of living in America. (more…)
