Showing posts with label Bubbles. Show all posts
Showing posts with label Bubbles. Show all posts

Monday, December 30, 2013

The History Podcast #12 - The 90s Sports Card Bubble

TheHistoryPodcast.blogspot.com - Late 80s baseball card packs The History Podcast #12


Download Podcast - The 90s Sports Card Bubble

This history podcast examines how the 1990s was a great time to be a kid, but a horrible time to be a kid with ambition. Through sports cards, we lost it all. It pales in comparison to the financial losses of individuals during other historic bubbles. However, the housing and dot com bubbles directly affected few. Where as the sports card bubble of the late 80s and 90s affected millions on children, and they haven't forgotten.

This history podcast explains the circumstances of the 90s sports cards bubble. The good news is that America can become less oil dependent by burning our sports cards.

Sunday, December 29, 2013

The History Podcast #10 - Bubbles

The History Podcast #10

Download Podcast - Bubbles

On Today's History Podcast, Mr. Jackson explains economic bubbles. We discuss the reason for economic bubbles and examine past economic bubbles.

Some economists do not believe economic bubbles exist, but others, notably Noble Prize winner Robert Shiller, believe they do and can explain exactly how they occur.

Shiller accurately predicted the Dot Com Bubble and Housing Bubble. This New York Times article succinctly summarizes his philosophy on predicting bubbles. Are we in a bubble right now? Don't ask us, we didn't win a Noble Prize.

Side Note: The economist he is splitting the Noble Prize with claims that economics bubbles don't exist. Go figure.

Saturday, December 28, 2013

The History Podcast #4 - The Panic of 1837

The History Podcast #4

Download Podcast - Panic of 1837

This history podcast is about bubbles, panic, and stupid economic decisions. The Cotton bubble busts. The western frontier housing bubble busts. Interest rates rise. Andrew Jackson kills the National Bank, the one thing that could have stopped the madness. Instead, a very long depression occurs. The Era of Good Feelings quickly turns.