Market Madness: A Century of Oil Panics, Crises, and Crashes by Blake C. Clayton
45,49 €
But when oil prices soar because supplies are failing to keep up with demand, the response is nearly always apocalyptic. Market Madness is the first study to employ Nobel Laureate economist Robert Shiller's "new era economics" beyond the markets to which he famously applied it-the 1990s dot-com equity marketand the mid-2000s housing market-in order to better understand the dynamics of speculative bubbles and irrationality in the commodities markets.
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