1990, ISBN: 9780061151545

Bubbles--from hot stocks in the 1920s to hot stocks in the 1990s--are much-lamented features of contemporary economic life. Time and again, American investors, seduced by the lures of qui… More...

Bubbles--from hot stocks in the 1920s to hot stocks in the 1990s--are much-lamented features of contemporary economic life. Time and again, American investors, seduced by the lures of quick money, new technologies, and excessive optimism, have shown a tendency to get carried away. Time and again, they have appeared foolish when the bubble burst. The history of finance is filled with tragic tales of shattered dreams, bankruptcies, and bitter recriminations. But what if the I-told-you-so lectures about bubbles tell only half the story? What if bubbles accomplish something that can only be seen in retrospect? What if the frenzy of irrational economic enthusiasm lays the groundwork for sober-minded opportunities, growth, and innovation? Could it be that bubbles wind up being a competitive advantage for the bubble-prone U.S. economy? In this entertaining and fast-paced book--you'll laugh as much as you cry--Daniel Gross convincingly argues that every bubble has a golden lining. From the 19th-century mania for the telegraph to the current craze in alternative energy, from railroads to real estate, Gross takes us on a whirlwind tour of reckless investors and pie-in-the-sky promoters, detailing the mania they created--but also the lasting good they left behind. In one of the great ironies of history, Gross shows how the bubbles once generally seen as disastrous have actually helped build the commercial infrastructures that have jump-started American growth. If there is a secret to the perennial resilience and exuberance of the American economy, Gross may just have found it in our peculiar capacity to blow financial bubbles--and successfully clean up the mess. Media > Book, [PU: Harper & Row; Collins; HarperCollins]<

ISBN: 9780061151545

Harper Business. Hardcover. GOOD. Spine creases, wear to binding and pages from reading. May contain limited notes, underlining or highlighting that does affect the text. Possible ex li… More...

Harper Business. Hardcover. GOOD. Spine creases, wear to binding and pages from reading. May contain limited notes, underlining or highlighting that does affect the text. Possible ex library copy, will have the markings and stickers associated from the library. Accessories such as CD, codes, toys, may not be included., Harper Business, 2.5<

2007, ISBN: 0061151548

[EAN: 9780061151545], [SC: 0.0], [PU: Harper Business], Befriedigend/Good: Durchschnittlich erhaltenes Buch bzw. Schutzumschlag mit Gebrauchsspuren, aber vollständigen Seiten. / Describes… More...

[EAN: 9780061151545], [SC: 0.0], [PU: Harper Business], Befriedigend/Good: Durchschnittlich erhaltenes Buch bzw. Schutzumschlag mit Gebrauchsspuren, aber vollständigen Seiten. / Describes the average WORN book or dust jacket that has all the pages present., Books<

ISBN: 9780061151545

Hardcover book. 232 pages. Published by Collins Media > Book, [PU: Harper & Row; Collins; HarperCollins]