Ludwig von Mises Institute

Early Speculative Bubbles and Increases in the Supply of Money

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Early Speculative Bubbles and Increases in the Supply of Money  
Early Speculative Bubbles and Increases in the Supply of Money cover.jpg
Author(s) Douglas E. French
Country United States
Subject(s) Economic history, Economics
Genre(s) Non-fiction
Publisher Ludwig von Mises Institute
Publication date 2009 (Orig. dissertation - 1992)
Media type Print, Digital
Pages 134 p.
ISBN 978-1933550442
OCLC Number 664731439

Early Speculative Bubbles and Increases in the Supply of Money is a book by American economist Doug French, based on his 1992 Master’s thesis about the Dutch panic known as Tulipmania.

The cause of the crisis is generally attributed to irrational exuberance, free markets, and an unleashed aristocracy. French takes a different route, proving that in fact the bubble resulted from a government intervention that dramatically exploded the money supply and fueled the tulip-price bubble – not altogether different from modern bubbles.

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