Bubbles: Some Perspectives (and Loose Talk) from History
Posted: 26 Jun 2008
Bubbles are a topic of great importance and great controversy. This paper discusses alternative perspectives on the economic meaning and origin of bubbles. Drawing on historical approaches to bubbles, this article sets out a taxonomy of approaches used to explain the nature of bubbles. The paper also considers issues connected with the scientific thinking surrounding bubbles.
JEL Classification: G12, B0, E30
Suggested Citation: Suggested Citation