Until the late 1800s, moments of widespread high-risk financial gambling weren’t considered manias but the results of individual actors, who bore responsibility for the disastrous results.
Bitcoin is being compared to tulips, but I researched tulip mania for years and found no evidence of mass bankruptcies or economic meltdown.
During her lifetime, the paintings of Dutch artist Rachel Ruysch sold for higher prices than those of Rembrandt. Why, then, have her talents not been more widely acknowledged in the centuries since?
Theresa May wants to rapidly increase the supply of affordable homes, but will have to tread carefully on Britain’s talismanic property wealth.
New research suggests mini-crashes, in which the price of a single stock or commodity temporarily goes haywire, may be unstoppable.