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Comment: Are bubbles so bad?
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- Author(s): Paul-Choudhury, Sumit
- Source:
New Scientist. 6/21/2008, Vol. 198 Issue 2661, p24-24. 1p.
- Subject Terms:
- Additional Information
- Abstract:
The article explores the impact of economic bubbles on technology and infrastructure developments. It gathers the opinion of various professionals on the phenomenon and examines what the existing economic bubbles suggest for the economies of the world. Though bubbles encouraged technological advances and infrastructure development, the author believes that policymakers should address them for their nature represents a failure of control that threatens social order.
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