Bubbles and Manias
The recurring structure of speculative episodes: credit expansion, a plausible new thing, displacement, and revulsion.
18 books · 12 people behind it
Start here
- A Short History of Financial EuphoriaJohn Kenneth Galbraith, 1990
- Devil Take the HindmostEdward Chancellor, 1999
- Manias, Panics, and CrashesCharles P. Kindleberger, Robert Z. Aliber, 1978
The people behind it 12
Each person holds a book in this entry or names it in their own tags.
Investors 5
EC
Edward Chancellor1 book hereJT
John Train1 book herePL
Philip L. Carret1 book hereJG
Jeremy Granthamnamed in their tags
Jesse Livermorenamed in their tagsAcademics 3
JK
John Kenneth Galbraith2 books hereCP
Charles P. Kindleberger1 book here
Robert J. Shiller1 book hereJournalists 4
JK
John Kenneth Galbraith2 books hereEC
Edward Chancellor1 book hereJT
John Train1 book here
Edwin Lefevrenamed in their tagsBooks 18
Charles Mackay · 1841 · The original catalogue of speculative folly; still cited on every bubble.
Gustave Le Bon · 1895 · The founding study of crowd psychology behind every mania
Eric Hoffer · 1951 · Mass movements and the psychology of the true believer
Charles P. Kindleberger, Robert Z. Aliber · 1978 · The Minsky model applied across four centuries; the standard framework.
Edward Chancellor · 1999 · A history of financial speculation from tulips to the internet.
Robert J. Shiller · 2000 · Published at the dot-com peak; the empirical case against efficient pricing.
Philip L. Carret · 1930 · Pre-Graham manual on speculation, margin and the psychology of markets
John Kenneth Galbraith · 1990
Timur Kuran · 1995 · Preference falsification: why opinion cascades and regimes collapse suddenly
T2 Dot.con
John Cassidy · 2002 · Written close enough to 1999 to capture what people actually believed.
Didier Sornette · 2002 · Log-periodic power laws as a physicist's model of crash formation
Maggie Mahar · 2003 · The seventeen-year bull market as one continuous argument.
T2 Tulipmania
Anne Goldgar · 2005 · The archival demolition of the tulip story everyone repeats.
William Quinn, John D. Turner · 2020 · A comparative bubble triangle: marketability, money and speculation.
John Train · 1985 · Short catalogue of manias and frauds across four centuries
Frank K. Martin · 2006 · Client letters through the dot-com bubble; value discipline written contemporaneously