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Early Speculative Bubbles & Increases in the Money Supply Paperback – 2009


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Product Details

  • Paperback: 144 pages
  • Publisher: Ludwig von Mises Institute; 2nd edition (2009)
  • Language: English
  • ISBN-10: 1933550449
  • ISBN-13: 978-1933550442
  • Product Dimensions: 8.7 x 5.8 x 0.4 inches
  • Shipping Weight: 5.6 ounces
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #3,258,864 in Books (See Top 100 in Books)

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2 of 2 people found the following review helpful By Josh S. on April 26, 2011
Format: Kindle Edition Verified Purchase
The book does a thorough job of summarizing three early speculative bubbles and shows their relationships to money supply expansions. Each is explained from the perspective of the Austrian School's Business Cycle Theory, which is more applicable to Tulipmania than the South Seas company and John Law due to the additional government intervention in the latter two.

My one complaint would be the extensive use of French in reference to different issues of stock in the John Law section. As this took place in France, this is not entirely avoidable, but I would often have to infer from context which issue was being referenced.

Outside of this mild confusion, it is fairly easy to read and understand and provides a good empirical introduction to credit cycle and business cycle theories.
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