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by oblio 826 days ago
Regarding bubbles:

https://en.m.wikipedia.org/wiki/South_Sea_Company

https://en.m.wikipedia.org/wiki/Tulip_mania

1 comments

Neither of these were technologically based speculations.

> https://en.wikipedia.org/wiki/Tulip_mania

While widely used as an example, most of the well-known stories about this were actually made up, and it wasn't as bad as it is often made out to be.

Quinn and Turner, when they wrote about bubbles:

* https://www.goodreads.com/book/show/48989633-boom-and-bust

* https://old.reddit.com/r/AskHistorians/comments/i2wfsm/i_am_...

purposefully excluded it because their research found it wasn't actually a thing. (Though for the general public it can be an illustrative parable.)