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“The atmosphere in the upper echelons of the Treasury tended to stifle debate. It was an insular world, populated by clever insiders. Officials were not encouraged to think the unthinkable; instead their judgements tended to be mutually reinforcing. As one explained, “There was nothing to be gained by rocking the boat.”
Anthony King, The Blunders of Our Governments
“They acted on assumptions, preconceptions and prejudices instead of conducting a dispassionate information search.”
Anthony King, The Blunders of Our Governments

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