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Unformatted text preview: 1873, Peak of 2nd R.R. Bubble under Grant 1893, Peak of 3rd R.R. Bubble under Harrison and Cleveland 1913 or so, bubble that never went to extreme and never burst, under Taft and Wilson 1929, Peak of 1st internal combustion bubble under Coolidge, Hoover, Mellon 1972, End of "Soaring Sixties" 1990, Peak of 3rd Internal combustion and jet travel bubble under Reagan and Bush pre 2008, Peak of Libertarian Bubble under Bush fils 2026? Hope not, but beware!...
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This note was uploaded on 02/16/2012 for the course ECON 123 taught by Professor Smith during the Winter '11 term at UC Riverside.
- Winter '11