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Bad bubble behavior
Episode 59th September 2021 • The New Bazaar • Economic Innovation Group
00:00:00 00:55:14

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In The Delusions of Crowds, finance theorist William Bernstein writes about some of the famous financial bubbles and religious manias of the past. He joins Cardiff to discuss the connection between these two kinds of events, why humans are so susceptible to mass manias, the good that sometimes comes from a financial bubble, and how we can all spot the visible signs of manias when they arise. 


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