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Money Mania: Booms, Panics, and Busts from Ancient Rome to the Great Meltdown

Book Cover
Average Rating
Author:
Publisher:
Bloomsbury Publishing
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:
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 Update2024-03-28 04:05:51AM
Last Indexed2024-03-28 04:32:14AM

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Online OverDrive Collection
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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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9781608198429
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Non Fiction
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Online OverDrive
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Anne Arundel County Public Library Online
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Online OverDrive Collection
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9781608198429
publishDate
2014
publisher
Bloomsbury Publishing
recordtype
grouped_work
title_display
Money Mania Booms, Panics, and Busts from Ancient Rome to the Great Meltdown
title_full
Money Mania Booms, Panics, and Busts from Ancient Rome to the Great Meltdown
title_short
Money Mania
title_sub
Booms, Panics, and Busts from Ancient Rome to the Great Meltdown
topic_facet
Business
History
Nonfiction

Solr Details Tables

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