Famous First Bubbles
The Fundamentals of Early ManiasBook - 2000
The jargon of economics and finance contains numerous colourful terms for market-asset prices at odds with any reasonable economic explanation. Examples include bubble, tulipmania, chain letter, Ponzi scheme, panic, crash, herding and irrational exuberance. Although such a term suggests that an event is inexplicably crowd-driven, what it really means, claims Peter Garber, is that we have grasped a near-empty explanation rather than expend the effort to understand the event.
Publisher: Cambridge, Mass. : MIT Press, 
Copyright Date: ©2000
Branch Call Number: 332.63228 G163F 2000
Characteristics: xi, 163 pages : illustrations, map ; 21 cm