Description: Why do stock and housing markets sometimes experience amazing booms followed by massive busts and why is this happening more and more frequently? In order to answer these questions, William Quinn and John D. Turner take us on a riveting ride through the history of financial bubbles, visiting, among other places, Paris and London in 1720, Latin America in the 1820s, Melbourne in the 1880s, New York in the 1920s, Tokyo in the 1980s, Silicon Valley in the 1990s and Shanghai in the 2000s. As they do so, they help us understand why bubbles happen, and why some have catastrophic economic, social and political consequences whilst others have actually benefited society. They reveal that bubbles start when investors and speculators react to new technology or political initiatives, showing that our ability to predict future bubbles will ultimately come down to being able to predict these sparks.
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End Time: 2025-01-07T15:08:54.000Z
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EAN: 9781108431651
UPC: 9781108431651
ISBN: 9781108431651
MPN: N/A
Item Weight: 0.32 kg
Book Title: Boom and Bust : a Global History of Financial Bubbles
Number of Pages: 310 Pages
Language: English
Publisher: Cambridge University Press
Topic: Economic History, Economics / General
Item Height: 0.8 in
Publication Year: 2021
Features: New Edition
Illustrator: Yes
Genre: Business & Economics
Author: William Quinn, John D. Turner
Item Length: 7.7 in
Item Width: 5.1 in
Format: Trade Paperback