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Political Bubbles

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The authors shed important light on the politics that blinds regulators to the economic weaknesses that create the conditions for economic bubbles and recommend simple, focused rules that should help avoid such crises in the future. The first full accounting of how politics produces financial ruptures, Political Bubbles offers timely lessons that all sectors would do well to heed. Nolan McCarty , Keith T.

Poole , Howard Rosenthal.


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Bubble Expectations. The Pop of How to Waste a Crisis.