Why we never learn from economic crises

I've posted some thoughts over at JURIST (here), and the second edition of our Enron text (Enron and Other Corporate Fiascos: The Corporate Scandal Reader (Nancy B. Rapoport, Jeffrey D. Van Niel, and Bala G. Dharan, eds.) (Foundation Press 2008) is slated to come out this December. The second edition tries to answer the question of why we never seem to learn from our mistakes, and it takes a look at cognitive errors that humans are hard-wired to make (among other things). We think (the three editors) that this book will be useful in law schools, business schools, and undergraduate courses--and we hope that you'll agree.

For those law professors who are going to the AALS annual meeting in San Diego, you should be able to look at the book at Foundation Press's booth.