Home Economics Cautionary Tales – the Rise and Fall of a Megalomaniac

Cautionary Tales – the Rise and Fall of a Megalomaniac

Cautionary Tales – the Rise and Fall of a Megalomaniac


Nicolae Ceaușescu was not beloved. His regime was vicious and he handled Romania as his private pockets: whereas Ceaușescu emptied the coffers to assemble an unlimited, ornate palace, his folks starved. He imposed disastrous inhabitants management insurance policies on his nation too, which noticed tons of of hundreds of undesirable kids left to rot in squalid orphanages.

Ceaușescu’s rule endured for 1 / 4 of a century – then crumbled in a single day.

How do dictatorships unravel? Tim Harford companions with HBO’s new sequence “The Regime” to analyze real-life dictatorships and the social science that explains them.

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Additional Studying

The account of the Ceausescus’ misrule and tried flight attracts principally on three books – The Rise and Fall of Nicolae and Elena Ceausescu by Mark Almond, The Life and Evil Occasions of Nicolae Ceausescu by John Sweeney, and Kiss the Hand You Can’t Chew by Edward Behr – with further particulars taken from varied on-line sources (e.g. 1234). You possibly can watch Nicolae Ceausescu’s last speech on YouTube.

Info cascades had been initially described in 1992 paper by Sushil Bikhchandani, David Hirshleifer and Ivo Welch. Steven Pinker and colleagues clarify their butcher-baker experiment and different work in Frequent information, coordination, and strategic mentalizing in human social life



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