Wednesday, August 12, 2009
Good description of bubble economics
Bubble Economics: The Illusion of Wealth
Not much new for regular readers but it's such a well written article and has interesting anecdotes about the American property bubble. Some quotes from Von Mises are remarkably apt to the UK's current state.
One thought on “Good description of bubble economics”
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japanese uncle says:
A very well organized summary in which nearly every point I may wish to mention about economic bubbles is elaborated.