Douglas_Knight comments on A speculation on Near and Far Modes - Less Wrong

14 Post author: MichaelVassar 21 July 2010 06:24AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (65)

You are viewing a single comment's thread. Show more comments above.

Comment author: Douglas_Knight 22 July 2010 01:40:22PM 0 points [-]

FWIW, the tulip bubble was in the 17th century. The South Seas bubble was in the 18th.

Comment author: James_K 22 July 2010 06:58:32PM 1 point [-]

That's what happens when I try to comment from memory. I think the basic point stands though. Bubbles of different kinds have existed since financial exchanges have existed and I don't think there's a pattern toward particularly destructive ones.