In Greek mythology, the god Icarus tries, with his father Daedalus, to escape from Crete by flying, using wings Daedalus made from wax and feathers. Proudly ignoring his father's warning not to fly too close to the sun lest the wax in the wings melt, Icarus did so and fell into the sea. Ever since then, Icarus has been synonymous with hubris---a foolish combination of pride and over-confidence. Michael Hart, Professor Emeritus and inaugural holder of the Simon Reisman chair in trade policy at … [Read more...]