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276. The Bubble Triangle feat. William Quinn
There are three necessary conditions for a fire to start – oxygen, heat, and fuel. The same can be said for financial bubbles. In order for them to happen, three conditions must be in place.In his book, Boom and Bust: A Global History of Financial Bubbles, economic and financial historian William Quinn lays out what those conditions are in what he calls, “the bubble triangle.” At Queen’s University Belfast, he’s a senior lecturer in finance and researches historical stock markets, stock market bubbles, and market corners. William and Greg discuss the three sides of the bubble triangle, how…
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