The stock market in historical perspective

The real estate market in historical perspective

Precipitating factors : the capitalist explosion, the internet, and other events

Amplification mechanisms : naturally occurring Ponzi processes

The news media

New era economic thinking

New eras and bubbles around the world

Psychological anchors for the market

Herd behavior and epidemics

Efficient markets, random walks, and bubbles

Investor learning, and unlearning

Speculative volatility in a free society.