People can believe in madness for surprisingly long periods of time:

I’m re-reading Zero to One, and one of its early points has surprising salience to politics right now. Collective madness is one of the book’s themes; Thiel notes that “Dot-com mania was intense but short—18 months of insanity from September 1998 to March 2000.” During that time, Thiel says he knew a “40-something rad student” […]

http://jakeseliger.com/2016/05/15/people-can-believe-in-madness-for-surprisingly-long-periods-of-time/

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