While it is true that parts of Europe have no illusions, the populism seems to be almost equally effective, and the institutionalists seem to commit exactly the same errors as their American counterparts.
Humans are really, really, prone to sunk cost fallacy and hyperbolic discounting...
Leading us to follow the playbook of Chamberlain over that of Churchill, over and over.
While it is true that parts of Europe have no illusions, the populism seems to be almost equally effective, and the institutionalists seem to commit exactly the same errors as their American counterparts.
Humans are really, really, prone to sunk cost fallacy and hyperbolic discounting...
Leading us to follow the playbook of Chamberlain over that of Churchill, over and over.