Why Bubbles Are Great For The Economy
by
Daniel Gross
Language: English
Release Date: October 13, 2009
Bubbles—from hot stocks in the 1920s to hot stocks in the 1990s—are much-lamented features of contemporary economic life. Time and again, American investors, seduced by the lures of quick money, new technologies, and excessive optimism, have shown a tendency to get carried away. Time and again,...