What is it about?

The book examines bubbles in various settings -- financial, house, tech, gold and more -- and proposes a social theory frame that goes considerably mere economic analysis; and helps explain bubble formation, inflation and burst.

Featured Image

Why is it important?

When social, political, psychological factors are brought into the explanatory framework for bubbles, we get a comprehensive picture of these phenomena... and thus the ability to develop meaningful policies to deal with bubble processes.


The Theory Building Research Programme (TBRP) at Aalborg University, Denmark is expanding the ideas in this book and looking at runaway sentiments in multiple settings, some related to bubbles and others not.

Dr Nikhilesh Dholakia
University of Rhode Island

Read the Original

This page is a summary of: Toward a Metatheory of Economic Bubbles, January 2014, Springer Science + Business Media, DOI: 10.1057/9781137361790.
You can read the full text:




The following have contributed to this page