World History Titles
Browse our World History titles listed below.
The Granddaddy of All Bubbles
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The Lessons of the South Sea Financial Hysteria Remain Unlearned Since 1720
by Paul Strathern
World History, Economic HistoryThe lessons of financial bubbles and their inevitable consequences could be discerned almost three centuries ago, in 1720. Paul Strathern here relates the story of London’s South Sea Bubble, the first great financial hysteria, whose characteristics appear all too familiar today.