Douglas_Knight comments on A speculation on Near and Far Modes - Less Wrong
You are viewing a comment permalink. View the original post to see all comments and the full post content.
You are viewing a comment permalink. View the original post to see all comments and the full post content.
Comments (65)
FWIW, the tulip bubble was in the 17th century. The South Seas bubble was in the 18th.
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.