The End (2024)

Summary

Chapter 18, The End (1931 - 2022). Since the narrative IS the analysis, there is no conclusion as such. Instead, The End provides a discussion of what a forward looking, thick description, humanistic approach to the financial crisis of 1931 have contributed to our knowledge in combination with the concepts embodied in the narrative. First, it is argued that the historical narrative provides new information exactly because writing the history forward brings out the uncertainty and need for sensemaking and narrative emplotment. This argument is discussed briefly in the context of the historiography of the 1931 crisis. Secondly, I ask what this narrative approach has contributed to our emprical and theoretical understanding of decision-making. By very briefly comparing with the Great financial crisis of 2008 I argue that uncertainty is a basic condition that requires sensemaking and narrative construction. I end by suggesting that rather than drawing lessons from history, history can be used as a way to reflect upon the past and the present.