Scott A. Sandage

“The age of the self-made man was also the age of the broken man... This ‘American sense’ looked upon failure as a ‘moral sieve’ that trapped the loafer and passed the true man through. Such ideologies fixed blame squarely on individual faults, not extenuating circumstances.”

“Debtors and idlers abounded in the colonial era, but failing in business was not so calamitous as falling from grace... In Early America, fear of failure loomed largest on Sunday. Monday morning dawned about the year 1800. By then, ‘failure’ meant an entrepreneurial failure.”