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Money mania: booms, panics, and busts from ancient Rome to the Great Meltdown

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Publisher:
Varies, see individual formats and editions
Pub. Date:
2014.
Language:
English
Description

Money Mania is a sweeping account of financial speculation and its consequences, from ancient Rome to the Meltdown of 2008. Acclaimed journalist and investor Bob Swarup tracks the history of speculative fevers caused by the appearance of new profitable investment opportunities; the new assets created and the increasing self-congratulatory euphoria that drives them to unsustainable highs, all fed by an illusion of insight and newly minted experts; the unexpected catalysts that eventually lead to panic; the inevitable crash as investors scramble to withdraw their funds from the original market and any other that might resemble it; and finally, the brevity of financial memory that allows us to repeat the cycle without ever critically evaluating the drivers of this endless cycle. In short, it is the story of what makes us human.

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ISBN:
9781608198412
9781608198429
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Grouping Information

Grouped Work ID123f493b-dc9c-f736-b3e2-69a5730c5b14
Grouping Titlemoney mania booms panics and busts from ancient rome to the great meltdown
Grouping Authorbob swarup
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2020-10-22 02:28:14AM
Last Indexed2020-10-22 02:55:12AM
Novelist Primary ISBN9781608198412

Solr Details

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Isleton
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display_description

Money Mania is a sweeping account of financial speculation and its consequences, from ancient Rome to the Meltdown of 2008. Acclaimed journalist and investor Bob Swarup tracks the history of speculative fevers caused by the appearance of new profitable investment opportunities; the new assets created and the increasing self-congratulatory euphoria that drives them to unsustainable highs, all fed by an illusion of insight and newly minted experts; the unexpected catalysts that eventually lead to panic; the inevitable crash as investors scramble to withdraw their funds from the original market and any other that might resemble it; and finally, the brevity of financial memory that allows us to repeat the cycle without ever critically evaluating the drivers of this endless cycle. In short, it is the story of what makes us human.

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subject_facetFinance -- History
Investments -- History
Speculation -- History
title_displayMoney mania : booms, panics, and busts from ancient Rome to the Great Meltdown
title_fullMoney Mania Booms, Panics, and Busts from Ancient Rome to the Great Meltdown
Money mania : booms, panics, and busts from ancient Rome to the Great Meltdown / Bob Swarup
title_shortMoney mania
title_subbooms, panics, and busts from ancient Rome to the Great Meltdown
topic_facetBusiness
Finance
History
Investments
Nonfiction
Speculation