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Descripción Hardcover. Condición: new. Hardcover. Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as "bubbles". A bubble may be defined loosely as a sharp rise in price of an asset or a range of assets in a continuous process, with the initial rise generating expectations of further rises and attracting new buyers. The rise is then followed by a reversal of expectations and a sharp decline in price, often resulting in severe financial crisis - in short, the bubble bursts. These volumes bring together writings on such phenomena - with works centering upon some of the more colourful examples. They concentrate on the impact and legacy of three of the most prominent bubbles - the Tulip Mania of 1636, the Mississippi Bubble of 1720 and the South Sea Bubble of the same period. A bubble may be defined loosely as a sharp rise in price of an asset or a range of assets. The rise is then followed by a sharp decline in price, often resulting in severe financial crisis - in short, the bubble bursts. This edition brings together some of the most important writings on such phenomena. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Nº de ref. del artículo: 9781851965250
Descripción Hardcover. Condición: Brand New. illustrated edition edition. 1000 pages. 9.50x6.25x3.50 inches. In Stock. Nº de ref. del artículo: __1851965254
Descripción Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as bubbles . These volumes bring together writings on such phenomena - with works centering upon some of the more colourful examples. Nº de ref. del artículo: 905688770