Dot.Con by John Cassidy
This is a sceptical history of the internet/stock market boom. John Cassidy argues that what we have just witnessed wasn't simply a stock market bubble; it was a social and cultural phenomenon driven by broad historical forces. Cassidy explains how these forces combined to produce the buying hysteria that drove the prices of loss-making companies into the stratosphere. Much has been made of Alan Greenspan's phrase "irrational exuberance", but Cassidy shows that there was nothing irrational about what happened. The people involved - fund managers, stock analysts, journalists and pundits - were simply acting in their own self-interest. Technology provided the raw material for the boom, but that is only part of the story. "Dot.con" describes and explains the all-too-human behaviour of the stock market bubble: how it got going; sustained itself for longer than anybody expected; and then, just when people were starting to think it might not be a speculative bubble after all, went pop.
Formerly writer on business and the economy for THE SUNDAY TIMES, now at THE NEW YORKER.
| SKU | Nicht verfügbar |
| ISBN 13 | 9780141006666 |
| ISBN 10 | 0141006668 |
| Titel | Dot.Con |
| Autor | John Cassidy |
| Buchzustand | Nicht verfügbar |
| Bindungsart | Paperback |
| Verlag | Penguin Books Ltd |
| Erscheinungsjahr | 2003-01-30 |
| Seitenanzahl | 416 |
| Hinweis auf dem Einband | Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden. |
| Hinweis | Nicht verfügbar |