High Fashion, Broken Bulbs, and Avid Traders
Lecture no. 13 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 07 min | Categories: The Great Courses Plus Online Economics & Finance Courses
Bubbles tend to form when there’s a change in the market, or the economy, that raises the reasonable value of the asset by a significant amount. Looking in-depth at the Tulip Bubble as well as other asset-price bubbles, including fashion trends, Professor Fullenkamp demonstrates the drama of what happens when the bubbles "pop."