Throwback Thursday: From Dutch Tulips to New York Cupcakes

TBT: Looking at financial bubbles, we could see that stock markets, cupcakes, tulip bulbs, and real estate have a lot in common.

Cupcakes and Other Notable Bubbles

Whether looking at 1637 or 2000, markets and financial bubbles always seem to find each other. As a surge in demand pushes prices up, the result resembles a bubble because it is full of air rather than value.

Why We Can’t Avoid Bubbles

Whether it’s tulip bulbs or Beanie Babies, bubbles start with an innovation that excites people. Then a demand surge, an unrealistic boom and panic follow.

Mortgage Backed Securities (Insecurities)

NPR’s Planet Money has been looking for the people behind a mortgage backed security. The story, almost like a page turner mystery, began with a $1,000 purchase. With $1,000, Planet Money reporters purchased a tiny piece of a mortgage backed security composed…