A Short History of Financial Euphoria¶
Galbraith, J. K. (1990). A Short History of Financial Euphoria.
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1 citation across 1 artifact.
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Primes¶
- Speculative Bubble
- Economics & finance: Tulip mania (1637), the South Sea and Mississippi episodes (1720), the 1929 stock boom, the dot-com bubble (1995–2000), and the U.S. housing bubble (2003–2007)—in each, prices climbed on the expectation that someone would pay more later, detached from dividends, rents, or earnings, and then reversed discontinuously, a sequence Galbraith (1990) anatomizes as the recurring "speculative episode" with its characteristic euphoria and self-congratulation.
This sourceWhittle/Viking. Anatomizes the recurring "speculative episode" with its characteristic euphoria, leverage, and self-congratulation, and the predictable revulsion that follows.
- Economics & finance: Tulip mania (1637), the South Sea and Mississippi episodes (1720), the 1929 stock boom, the dot-com bubble (1995–2000), and the U.S. housing bubble (2003–2007)—in each, prices climbed on the expectation that someone would pay more later, detached from dividends, rents, or earnings, and then reversed discontinuously, a sequence Galbraith (1990) anatomizes as the recurring "speculative episode" with its characteristic euphoria and self-congratulation.
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