Articles tagged in bubbles

04.06.10

12 Painful Lessons Learned From Bubbles of the Past

Stan Reybern

Classical economists have long described human beings as “rational actors.” By this, economists mean that most people try to achieve their best interest by intelligently weighing the pros and cons of their choices, seeking evidence, and behaving in a collected manner. No greater evidence exists to the contrary, however, than market bubbles.

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