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- Product code: 181563
- ISBN: 0141884878,
ISBN13: 9780141884875,
paperback
Published by Penguin Books Ltd on 2002
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Description of Dot.Con |
A history of the internet/stock market boom which argues that what we have just witnessed was not simply a stock market bubble but a social and cultural phenomenon driven by broad historical forces. John 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 Greenspans phrase irrational exuberance, but there was nothing irrational about what happened. Dot.con 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.
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