A Short History Of Booms, Bubbles, And Busts



The first documented major boom-bubble-bust cycle was the Holland tulip craze that we already described in the Introduction to this book. The next section of this book presents a review of a number of the important boom-bubble-bust cycles that followed from the 18th through the 21st centuries. We begin with two spectacular cycles from the 18th century, and then move on to the United States in the 20th century.


Interest Rate Stock Market Real Estate House Price Federal Reserve 

Copyright information

© Springer Science+Business Media, LLC 2009

Authors and Affiliations

  1. 1.South PasadenaUSA

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