1 option
Boombustology : spotting financial bubbles before they burst / Vikram Mansharamani, PhD.
Lippincott Library HB3711 .M354 2019
By Request
- Format:
- Book
- Author/Creator:
- Mansharamani, Vikram, author.
- Language:
- English
- Subjects (All):
- Business cycles.
- Financial crises.
- Business forecasting.
- Physical Description:
- xxiv, 360 pages ; 24 cm
- Edition:
- Second edition.
- Place of Publication:
- Hoboken, New Jersey : John Wiley & Sons, Inc., [2019]
- Contents:
- Part I Five Lenses
- Chapter 1 Microeconomic Perspectives: To Equilibrium or Not? p. 9
- "Random Walks" and Accurate Prices: The Efficient Market Hypothesis
- Unstable and Inefficient: The Theory of Reflexivity
- Consolidating Two Factors of Detection
- Chapter 2 Macroeconomic Perspectives: The Impact of Debt, Deflation, and Mispriced Money on Asset Markets p. 29
- The Magnifying Power of Leverage
- Collateral Rates and Debt Dynamics
- Hyman Minsky's Financial Instability Hypothesis
- Debt Deflation and Asset Prices
- Quantitative Easing
- The Austrian Business Cycle Theory
- Integrating the Macro Lenses
- Chapter 3 The Psychology Lens: Homo Economicus Meets Homo Sapiens p. 57
- The Study of Irrationality Is Born
- Heuristics Gone Wild: How Rules of Thumb Lead Us Astray
- Our Flawed Brains: Other Cognitive Issues
- The Certainty of Uncertainty
- Chapter 4 Political Foundations: Evaluating Property Rights, Price Mechanisms, and Political Distortions p. 81
- Can Anyone Own Anything?
- Venezuelan and Soviet Nationalization: Communism at Work
- Prices: To Guide or Be Guided?
- Political Distortions of Property and Price
- Tariffs and Trade Wars
- Chapter 5 Biological Frameworks: Epidemiology and Emergence p. 105
- Revealing the Maturity of an Unsustainable Boom
- How Micro Simplicity Drives Macro Complexity
- Emergent Behavior in Human Swarms
- The Blind Leading the Blind
- Part II Historical Case Studies
- Chapter 6 Tulipomania: A Bubble in Seventeenth-Century Holland p. 127
- The Uniqueness of Tulips
- Fertile Soil for Bubble Formation
- The Boombustology of Tulipomania
- The Multilens Look
- Chapter 7 The Great Depression: From Roaring Twenties to Yawning Thirties p. 143
- Castles in the Sand
- From Booming Twenties to Busted Thirties
- The Boombustology of the Great Depression
- Chapter 8 The Japanese Boom and Bust: A Credit-Fueled Bubble Economy p. 163
- Japan(ese) as Different
- An Overview of the Bubble Economy
- The Boombustology of the Japanese Boom and Bust
- Chapter 9 The Asian Financial Crisis: The Mirage of a Miracle p. 185
- Boom Times in East Asia
- Thailand Catches the Flu
- The Boombustology of the Asian Financial Crisis
- Chapter 10 The U.S. Housing Boom and Bust: The Homeowner's Society Creates the People's Panic p. 205
- "Safe as Houses"
- The Music Stops
- The Boombustology of the U.S. Housing Boom and Bust
- Chapter 11 China's Credit-Fueled Investment Boom p. 227
- Tendencies toward Equilibrium
- Leverage, Cheap Money, and Potential Deflation
- Conspicuous Consumption and Overconfidence
- Rights, Moral Hazard, and Political Distortion
- Consensus, Silent Leadership, and Epidemics
- The Unsustainable Chinese Story
- The Boombustology of China's Credit-Fueled Investment Boom and Bust
- Chapter 12 Spotting Bubbles Before They Burst: A Method for Identifying Unsustainable Booms p. 259
- Reflexivity and Self-Fulfilling Dynamics
- Leverage, Financial Innovation, and Cheap Money
- Overconfidence
- Policy-Driven Distortions
- Epidemics and Emergence
- Chapter 13 Boombustology in Action: Is India Next? p. 287
- Distinguishing Potential and Reality
- Capital Markets Considerations
- Population, Debt, and Investment
- India's Versailles
- Culture, Vocation, and Underdevelopment
- Automation: Why It's Too Late for India
- "Make in India": The Wrong Playbook for Development
- India's Elusive Middle Class: Disappointment Ahead?
- Conclusion Hedgehogs, Foxes, and the Dangers of Making Predictions p. 311
- Blinded by Focus
- Addendum A Passive Investing Bubble? p. 319
- Feedback Loops and Reflexivity
- Distortion of the Market
- Oversimplification as Overconfidence
- Investment and Interest Rates
- Herd Mentality and Silent Leadership
- Too Much of a Good Thing.
- Notes:
- Includes bibliographical references and index.
- Other Format:
- Online version: Mansharamani, Vikram, author. Boombustology
- ISBN:
- 9781119575603
- 1119575605
- OCLC:
- 1085577164
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.