The First Crash: Lessons from the South Sea Bubble
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Bibliographic Details
Main Author: Dale, Richard (Author)
Format: Electronic eBook
Language:English
Published: Princeton Princeton University Press 2014
Subjects:
Links:https://doi.org/10.1515/9781400851645
Item Description:Description based upon print version of record
For nearly three centuries the spectacular rise and fall of the South Sea Company has gripped the public imagination as the most graphic warning to investors of the dangers of unbridled speculation. Yet history repeats itself and the same elemental forces that drove up the price of South Sea shares to dizzying heights in 1720 have in recent years produced the global crash of 1987, the Japanese stock market bubble of the 1980s/90s, and the international dot.com boom of the 1990s. The First Crash throws light on the current debate about investor rationality by re-examining the story of the S
Physical Description:1 Online-Ressource (211 p)
ISBN:9781400851645
DOI:10.1515/9781400851645