(ePUB) Famous First Bubbles by Peter Garber | 9780262072045

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    Myrtle Doherty

    Famous First Bubbles
    The Fundamentals of Early Manias

    by Peter Garber

    Famous First Bubbles · CLICK HERE

    • Publisher: MIT Press (MA)
    • Format: hardcover, 163 pages
    • Author: Peter Garber
    • ISBN: 9780262072045 (0262072041)
    • Genres: economics, history, historical
    • Language: english
    • Release date: June 12, 2000

    About The Book

    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.

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