3 ms·
Regarding bubbles: https://en.m.wikipedia.org/wiki/South_Sea_Company https://en.m.wikipedia.org/wiki/South_Sea_Company https://en.m.wikipedia.org/wiki/Tulip_m
by oblio 3y ago
Regarding bubbles:
https://en.m.wikipedia.org/wiki/South_Sea_Company https://en.m.wikipedia.org/wiki/South_Sea_Company
https://en.m.wikipedia.org/wiki/Tulip_mania https://en.m.wikipedia.org/wiki/Tulip_mania
- throw0101b 3y agoNeither of these were technologically based speculations. > https://en.wikipedia.org/wiki/Tulip_mania https://en.wikipedia.org/wiki/Tulip_mania While widely used as an example, most of the well-known stories about this were actually made up, and it wasn't as bad as it is often made out to be. Quinn and Turner, when they wrote about bubbles: * https://www.goodreads.com/book/show/48989633-boom-and-bust https://www.goodreads.com/book/show/48989633-boom-and-bust * https://old.reddit.com/r/AskHistorians/comments/i2wfsm/i_am_dr_william_quinn_coauthor_of_boom_and_bust_a/ https://old.reddit.com/r/AskHistorians/comments/i2wfsm/i_am_... purposefully excluded it because their research found it wasn't actually a thing. (Though for the general public it can be an illustrative parable.)