My Weekend With Joseph
Before It Was Real Estate, Before It Was Dot Com, It Was Tulips…?
That’s right. One of the first truly devastating economic bubbles was the tulip bubble during the early 17th century. While not on a global scale like the bubble bursts we have been witnessing today, this story brings up an interesting question whether simple irrationality is to blame for the phenomenon of economic bubbles. In 1593, [...]
