3.2 - Financial Bubbles and Crashes in History

Kindleberger and Aliber often discuss the notion of "euphoria" and "irrational exuberance" as an important aspect of financial bubbles. Discuss what do they mean by these terms and how do they see these influencing speculative bubbles?

Week 3.1 - Financial Bubbles and Crashes in History

How do Lewis and Einhorn discuss the systemic problems in our institutions of finance and regulation that led to the Madoff ponzi scheme and the World financial crisis of 2008? How can we compare these observations with Kindleberger and Aliber's analysis of bubbles in relation to other systemic economic factors?

Anthropology of Bubbles, Crashes, and Crises

Hi everyone and welcome to the Anthropology of Bubbles, Crashes, and Crises. We will be using this space to post weekly blog posts on the assigned readings. I will be posting a prompt on the week's readings. Please respond to the prompt in the comments section. Let me know if you have any questions. Happy blogging!