The Atlantic Online | December 2008 | Pop Psychology | Virginia Postrel

by Gilbert Keith

The Atlantic Online | December 2008 | Pop Psychology | Virginia Postrel

These lab results should give pause not only to people who believe in efficient markets, but also to those who think we can banish bubbles simply by curbing corruption and imposing more regulation. Asset markets, it seems, suffer from irrepressible effervescence. Bubbles happen, even in the most controlled conditions.

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Click on the article title to read more. I think it’s an interesting article; I haven’t read it completely, but I will try to after the Quantum exam is done.

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