"The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a further proof of the dictum that those who are ignorant of the past are condemned to repeat it"

This quote by Henry Hazlitt speaks to the idea that history often duplicates itself. He suggests that what we may consider brand-new and innovative concepts are actually just revivals of old errors. This implies that if we do not learn from the past, we are doomed to duplicate it. This is a warning to us to be aware of the errors of the past and to learn from them. We need to strive to be notified and informed about the history of our world, so that we can prevent making the same mistakes. Hazlitt's quote is a reminder that understanding of the past is important for a better future. It is a call to action to be mindful of the past and to use it to inform our decisions and actions in today.