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.

How a Sock Puppet Created a Bubble

Ranging from sock puppets in 2000 to the spread of the automobile in the 1920s, the causes of market bubbles are different and yet similar.

Human Capital: Sliding Down the Occupation Ladder

Does your barista have a Ph.D? When people have too much education for their job, the reason might be “cascading.” Explained by 3 researchers in a recent paper, the cascading story starts with the tech boom. During the 1990s, as…