What was the tulip craze? How could flowers become so valuable in such a short space of time? The tulip craze in 17th-century Holland is widely known as the very first economic bubble. The price of tulips escalated so much that people sold their valuables to buy tulips, and could buy assets like houses with them. This might seem absurd, but here’s an explanation of what happened. Learn more about the tulip craze below.
What was the housing bubble of 2008? What caused this devastating financial crash? The stock market crash and housing bubble of 2008 saw a huge decline in house prices from the 2006 peak. The fallout was huge, with many big financial institutions facing considerable losses. The causes are debated, but essentially too many people took on loans they couldn’t afford, leading to an inevitable crash. Here’s what happened during the housing bubble of 2008.
What are some examples of historical stock market returns? What can you learn from these examples? The best way to understand returns at work is to examine examples of historical stock market returns. Looking at examples of historical stock market returns will show you how prevailing market conditions affected stock market returns. Keep reading for a guide to historical stock market returns.
What is a speculative bubble? How has irrational optimism caused some of the biggest stock market crashes in history? A speculative bubble is a sudden rise in stock price fuelled by public speculation and unfounded optimism. From the tulipmania of 17th Century Holland to the more recent “dot-com” crash, speculative bubbles have led to some of history’s biggest financial disasters. When it comes to speculative bubbles, some get lucky but most are left holding the bag. Learn about speculative bubbles below.
What was the dot-com bubble? Why did this economic bubble burst? The dot-com bubble was an economic bubble beginning in the late 1990s, caused by speculation and optimism about the rise of the internet. Although many “dot-com” companies had no earnings, shares prices were excessively high. Eventually, the “dot-com” bubble burst, with disastrous consequences for many companies. Learn about the dot-com bubble below.
Are you thinking of reading How to Read a Book but want to know more about it first? In what context was it written and how was it received? How to Read a Book was written by Mortimer Adler and Charles Van Doren in 1940. It was one of the first books to teach the art of reading for comprehension rather than speed, and so it became an immediate bestseller. However, it may not still live up to its name in the modern day. Continue reading for our How to Read a Book review.
Do you want to know how to read a book effectively? What are the best ways to read history, math, and science books? How do you go about reading books that are no longer accurate? In How to Read a Book, co-authors Adler and Van Doren explain how to read history, math, and science books. They suggest reading these books and finding commonalities and links to one another rather than reading them in isolation. They also suggest being on the lookout for bias. Continue reading to learn the best methods for reading history, math, and science effectively.
What is the muse? How can understanding the creative muse help you with your artistic projects? The muse is traditionally seen as a mythical force that inspires artists creatively. Almost every ancient culture, from Greeks to Native Americans, has an identified embodiment of this force of nature. Understanding and harnessing the power of the muse will help with creative inspiration and output. So, what is the muse? Find out below.
What difference did Captain David Marquet make during his time with the USS Santa Fe? What can we learn from his leadership legacy? David Marquet revolutionized naval leadership when he commanded Santa Fe. He departed from the traditional model in several ways, most notably by assuming that everyone can be a leader. He built a powerful leadership legacy that can instruct and inspire all of us. Read more to learn about the leadership legacy of Captain Marquet.
How did the plan to kill William Henry Seward tie in with the Lincoln assassination? What happened to Seward and his attacker? In addition to killing Lincoln, John Wilkes Booth wanted to assassinate Vice President Andrew Johnson and Secretary of State William Henry Seward. He hoped that killing several key government officials would rally Confederate sympathizers and veterans to renew their fight. Read more to learn what happened to Seward on the night that Lincoln was assassinated.