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Great Bubbles
Reactions to the South Sea Bubble, the Mississippi Scheme and the Tulip Mania Affair
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Great Bubbles
$68200
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Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?
This book will appeal to readers interested in economic history, financial crises, and the dynamics of market speculation.
A bubble may be defined loosely as a sharp rise in price of an asset or a range of assets. The rise is then followed by a sharp decline in price, often resulting in severe financial crisis - in short, the bubble bursts. This edition brings together some of the most important writings on such phenomena.
Book Hero Magic formatted this description to make it easier to read. While it's new and
still learning, it may not be perfect - your
feedback is welcome!
Description
Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as "bubbles". A bubble may be defined loosely as a sharp rise in the price of an asset or a range of assets in a continuous process, with the initial rise generating expectations of further rises and attracting new buyers. The rise is then followed by a reversal of expectations and a sharp decline in price, often resulting in severe financial crisis—in short, the bubble bursts.
Great Bubbles brings together writings on such phenomena—with works centring upon some of the more colourful examples. They concentrate on the impact and legacy of three of the most prominent bubbles: the Tulip Mania of 1636, the Mississippi Bubble of 1720 and the South Sea Bubble of the same period.
Book Details
INFORMATION
ISBN: 9781851965250
Publisher: Taylor & Francis Ltd
Format: Multiple-component retail product
Date Published: 01 March 2000
Country: United Kingdom
Imprint: Pickering & Chatto (Publishers) Ltd
Audience: Tertiary education
DIMENSIONS
Width: 156.0mm
Height: 234.0mm
Weight: 4850g
Pages: 1000
About the Author
Ross B Emmett is Chair of Economics and Associate Professor of Economics at Augustana University College, Camrose, Alberta, Canada
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