Financial Times FT.com

A heresy wise investors might embrace

By Gillian Tett

Published: April 29 2007 18:55 | Last updated: April 29 2007 18:55

Pop!: Why bubbles are great for the economy
By Daniel Gross
Harper Collins, $22.95

Almost nothing makes financial journalists salivate as much as the world “bubble”. After all, in recent years it has been considered self evident that bubbles are a bad thing for society, particularly when they burst.

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