Tuesday, December 07, 2004

John Patrick on the Internet Bubble

Thanks to Halley's Comment for bringing this good article to my attention.

John Patrick writes

"Business journalists, historians, academics, and consultants will be analyzing the bubble and its effects for years to come. Two recent books take very different approaches to making sense of the debacle. One -- Origins of the Crash: The Great Bubble and Its Undoing, by business journalist Roger Lowenstein (Penguin Press, 2004) -- views the bubble as a morality tale. Another, more interesting, book -- Rational Exuberance: Silencing the Enemies of Growth and Why the Future Is Better Than You Think, by Business Week Chief Economics Editor Michael J. Mandel (HarperBusiness, 2004) -- uses the bubble as a backdrop for an examination of its significance for technological growth."

He continues with an analysis of the two books viewpoints and ends with his own take on the bubble's lessons for business. Well worth the read!

You can get to his article directly here: http://patrickweb.com/papers_and_panels/papers/bubble/index.html

No comments:

Post a Comment