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Congressional Record
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Farm Paper Letter
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Bubbles and Crashes
"An interesting take on some factors that facilitate the development and bursting of bubbles in technology industries. . . . Highly recommended." — Choice Financial market bubbles are recurring, often painful, reminders of the costs and benefits of capitalism. While many books have studied financial manias and crises, most fail to compare times of turmoil with times of stability. In Bubbles and Crashes, Brent Goldfarb and David A. Kirsch give us new insights into the causes of speculative booms and busts. They identify a class of assets—major technological innovations—that can, but does not necessarily, produce bubbles. This methodological twist is essential: Only by comparing similar ...
The ... Norther
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Dear Cousin
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