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Famous First Bubbles

Famous First Bubbles PDF Author: Peter M. Garber
Publisher: MIT Press
ISBN: 9780262571531
Category : Business & Economics
Languages : en
Pages : 180

Book Description
The jargon of economics and finance contains numerous colorful terms for market-asset prices at odds with any reasonable economic explanation. Examples include "bubble," "tulipmania," "chain letter," "Ponzi scheme," "panic," "crash," "herding," and "irrational exuberance." Although such a term suggests that an event is inexplicably crowd-driven, what it really means, claims Peter Garber, is that we have grasped a near-empty explanation rather than expend the effort to understand the event. In this book Garber offers market-fundamental explanations for the three most famous bubbles: the Dutch Tulipmania (1634-1637), the Mississippi Bubble (1719-1720), and the closely connected South Sea Bubble (1720). He focuses most closely on the Tulipmania because it is the event that most modern observers view as clearly crazy. Comparing the pattern of price declines for initially rare eighteenth-century bulbs to that of seventeenth-century bulbs, he concludes that the extremely high prices for rare bulbs and their rapid decline reflects normal pricing behavior. In the cases of the Mississippi and South Sea Bubbles, he describes the asset markets and financial manipulations involved in these episodes and casts them as market fundamentals.

Famous First Bubbles

Famous First Bubbles PDF Author: Peter M. Garber
Publisher: MIT Press
ISBN: 9780262571531
Category : Business & Economics
Languages : en
Pages : 180

Book Description
The jargon of economics and finance contains numerous colorful terms for market-asset prices at odds with any reasonable economic explanation. Examples include "bubble," "tulipmania," "chain letter," "Ponzi scheme," "panic," "crash," "herding," and "irrational exuberance." Although such a term suggests that an event is inexplicably crowd-driven, what it really means, claims Peter Garber, is that we have grasped a near-empty explanation rather than expend the effort to understand the event. In this book Garber offers market-fundamental explanations for the three most famous bubbles: the Dutch Tulipmania (1634-1637), the Mississippi Bubble (1719-1720), and the closely connected South Sea Bubble (1720). He focuses most closely on the Tulipmania because it is the event that most modern observers view as clearly crazy. Comparing the pattern of price declines for initially rare eighteenth-century bulbs to that of seventeenth-century bulbs, he concludes that the extremely high prices for rare bulbs and their rapid decline reflects normal pricing behavior. In the cases of the Mississippi and South Sea Bubbles, he describes the asset markets and financial manipulations involved in these episodes and casts them as market fundamentals.

Wood and Garden

Wood and Garden PDF Author: Gertrude Jekyll
Publisher:
ISBN:
Category : Gardening
Languages : en
Pages : 414

Book Description


The Old Farmer's Almanac 2022

The Old Farmer's Almanac 2022 PDF Author: Old Farmer’s Almanac
Publisher: Houghton Mifflin Harcourt
ISBN: 1571988955
Category : Reference
Languages : en
Pages : 292

Book Description
Happy New Almanac Year! It’s time to celebrate the 230th edition of The Old Farmer’s Almanac! Long recognized as North America’s most-beloved and best-selling annual, this handy yellow book fulfills every need and expectation as a calendar of the heavens, a time capsule of the year, an essential reference that reads like a magazine. Always timely, topical, and distinctively “useful, with a pleasant degree of humor,” the Almanac is consulted daily throughout the year by users from all walks of life. The 2022 edition contains the fun facts, predictions, and feature items that have made it a cultural icon: traditionally 80 percent–accurate weather forecasts; notable astronomical events and time-honored astrological dates; horticultural, culinary, fashion, and other trends; historical hallmarks; best fishing days; time- and money-saving garden advice; recipes for delicious dishes; facts on folklore, farmers, home remedies, and husbandry; amusements and contests; plus too much more to mention—all in the inimitable Almanac style that has charmed and educated readers since 1792.

Onward and Upward in the Garden

Onward and Upward in the Garden PDF Author: Katharine S. White
Publisher: New York Review of Books
ISBN: 1590178513
Category : Gardening
Languages : en
Pages : 393

Book Description
In 1925 Harold Ross hired Katharine Sergeant Angell as a manuscript reader for The New Yorker. Within months she became the magazine’s first fiction editor, discovering and championing the work of Vladimir Nabokov, John Updike, James Thurber, Marianne Moore, and her husband-to-be, E. B. White, among others. After years of cultivating fiction, White set her sights on a new genre: garden writing. On March 1, 1958, The New Yorker ran a column entitled “Onward and Upward in the Garden,” a critical review of garden catalogs, in which White extolled the writings of “seedmen and nurserymen,” those unsung authors who produced her “favorite reading matter.” Thirteen more columns followed, exploring the history and literature of gardens, flower arranging, herbalists, and developments in gardening. Two years after her death in 1977, E. B. White collected and published the series, with a fond introduction. The result is this sharp-eyed appreciation of the green world of growing things, of the aesthetic pleasures of gardens and garden writing, and of the dreams that gardens inspire.

The Modern Poster

The Modern Poster PDF Author: Stuart Wrede
Publisher:
ISBN:
Category : Antiques & Collectibles
Languages : en
Pages : 268

Book Description
This lavishly illustrated volume presents in full color more than 300 of the finest posters selected from the rich resources of the graphic design collection of The Museum of Modern Art.

The Bulb Hunter

The Bulb Hunter PDF Author: Chris Wiesinger
Publisher: Texas A&M University Press
ISBN: 1623490022
Category : Gardening
Languages : en
Pages : 393

Book Description
Dubbed the Bulb Hunter in a 2006 New York Times feature story, Chris Wiesinger took his passion for bulbs to vacant lots, abandoned houses, cemeteries, and construction sites throughout the South in search of botanical survivors whose descendants had never seen the inside of a big-box chain store. The vintage specimens Wiesinger sought came from hardy, historic stock, adapted to human neglect and hot climates, reappearing faithfully over decades without care or cultivation. Traveling back roads, speaking to strangers, looking for the telltale color of a remnant iris or lily, Wiesinger started digging, then began trying to grow and share the bulbs he collected. From its humble beginnings on an East Texas sweet potato farm, his Southern Bulb Company has now grown into a full-fledged business known throughout the world, propagating and selling the rare, tough, heritage plants Wiesinger still seeks out and champions. Nicknamed “Flower” by his fellow cadets at Texas A&M University, Wiesinger relates his adventures in bulb hunting, telling stories of the bulbs he has discovered and weaving in his own life story as a student, plantsman, and small business owner. He then teams with veteran horticulturist William C. Welch to provide advice on how to grow and appreciate the bulbs that have been rescued and reintroduced. This “primer” gives gardeners information on what bulbs to grow where, when to plant them and when they bloom, and how to incorporate them with other plants in the landscape. Finally, Welch describes how bulbs have enhanced his personal gardens and brought him and Wiesinger together in the common cause of heirloom gardening. Entertaining, informative, and loaded with beautiful photographs, The Bulb Hunter is sure to be a favorite of gardeners and plant lovers everywhere.

Monet's Table

Monet's Table PDF Author: Claire Joyes
Publisher: Simon & Schuster
ISBN:
Category : Cooking
Languages : en
Pages : 202

Book Description
As well as his fellow Impressionists -- in particular Renoir, Pissarro, Sisley, Degas and Cezanne --

Seed Trade Buyers Guide ...

Seed Trade Buyers Guide ... PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

Book Description


Colour Scheme [sic] in the Flower Garden

Colour Scheme [sic] in the Flower Garden PDF Author: Gertrude Jekyll
Publisher:
ISBN:
Category : Flowers
Languages : en
Pages : 306

Book Description


The Puritan

The Puritan PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 756

Book Description