When Finn the mouse is whisked away to Fairyland, adventure is not far behind. The Reason There’s Bubbles continues the story of the little grey mouse who we first met in The Trouble with Bubbles. In this new tale, Finn is brought into a magical world to use his clever mind and creativity to help protect the fairies. Along the way, he meets new friends—a clumsy red-headed squirrel, a mystical insect, and a self-conscious turtle—who will help him find a way to travel to a faraway land and fulfill a new quest. The Reason There’s Bubbles is designed as a read-aloud book for parents to enjoy with their children. The whimsical poetry and engaging characters help children understand that it’s okay to be different, that at times we all feel misunderstood, and that with love and kindness—and a sprinkling of fairy dust—anything is possible.
Financial regulation can fail when it is needed the most. The dynamics of asset price bubbles weaken financial regulation just as financial markets begin to overheat and the risk of crisis spikes. At the same time, the failure of financial regulations adds further fuel to a bubble. This book examines the interaction of bubbles and financial regulation. It explores the ways in which bubbles lead to the failure of financial regulation by outlining five dynamics, which it collectively labels the "Regulatory Instability Hypothesis." . The book concludes by outlining approaches to make financial regulation more resilient to these dynamics that undermine law.
The Acoustic Bubble describes the interaction of acoustic fields with bubbles in liquid. The book consists of five chapters. Chapter 1 provides a basic introduction to acoustics, including some of the more esoteric phenomena that can be seen when high-frequency high-intensity underwater sound is employed. Chapter 2 discusses the nucleation of cavitation and basic fluid dynamics, while Chapter 3 draws together the acoustics and bubble dynamics to discuss the free oscillation of a bubble and acoustic emissions from such activity. The acoustic probes that are often applied to study the behavior of a bubble when an externally-applied acoustic field drives it into oscillation is deliberated in Chapter 4. The last chapter outlines a variety of effects associated with acoustically-induced bubble activity. The bubble detection, sonoluminescence, sonochemistry, and pulse enhancement are also covered. This publication is a good reference for physics and engineering students and researchers intending to acquire knowledge of the acoustic interactions of acoustic fields with bubbles.
Periods of euphoria followed by sudden crashes are a familiar phenomenon in economics. Such events have become known as "bubbles". These volumes bring together writings on such phenomena - with works centering upon some of the more colourful examples.
This book examines the role that human subjective experience plays in the creation of reality and introduces a new concept, the Bubble Universe, to describe the universe as it looks from the subjective viewpoint of an individual. Drawing on a range of research, the author questions the extent to which the scientific study of the origins of life, consciousness and subjective experience is itself influenced by scientists’ subjective worlds. The author argues that in many respects the Bubble Universe differs from the universe as described by science and religion, and analyzes these differences. The fabric and structure of subjective reality is described, and various aspects of the Bubble Universe are examined, including science, religion, life, morality and history. The differences between the views from inside the subjective universe and from scientific, religious and sociocultural versions of the universe are outlined, and their significance for practical and theoretical problems are highlighted and illustrated with psychological experiments. This book will be of value to all scholars interested in how subjectivity influences research and appeal in particular to those working in developmental and theoretical psychology, consciousness, epistemology, phenomenology, and the philosophy of science and of the mind.
Fish maintained in water supersaturated with air reach equilibrium with gases dissolved in water. These gases in the fish tend to equilibrate to the atmosphere the same as the gases in the water. Gas-bubble disease is characterized by bubbles under the skin, in the fins, tail, mouth, behind the eyeballs, and in the vascular system. Carbon dioxide does not cause gas bubble disease. Oxygen can cause gas-bubble disease at about 350 percent air saturation, but nitrogen can cause the disease even below 118 percent air saturation. Excess gas in water can be produced by pressure, increase in temperature, and biotic metabolism, and can be reduced by exposure to air. Saturation tables for atmospheric oxygen and nitrogen in water for 0 degrees to 30 degrees centigrade are presented.
Understanding the formation of bubbles and the contagion mechanisms afflicting financial markets is a must as extreme volatility events leave no market untouched. Debt, equity, real estate, commodities... Shanghai, NY, or London: The severe fluctuations, explained to a large extent by contagion and the fear of new bubbles imploding, justify the newly awaken interest in the contagion and bubble dynamics as yet again the world brazes for a new global economic upheaval. Bubbles and Contagion in Financial Markets explores concepts, intuition, theory, and models. Fundamental valuation, share price development in the presence of asymmetric information, the speculative behavior of noise traders and chartists, herding and the feedback and learning mechanisms that surge within the markets are key aspects of these dynamics. Bubbles and contagion are a vast world and fascinating phenomena that escape a narrow exploration of financial markets. Hence this work looks beyond into macroeconomics, monetary policy, risk aggregation, psychology, incentive structures and many more subjects which are in part co-responsible for these events. Responding to the ever more pressing need to disentangle the dynamics by which financial local events are transmitted across the globe, this volume presents an exhaustive and integrative outlook to the subject of bubbles and contagion in financial markets. The key objective of this volume is to give the reader a comprehensive understanding of all aspects that can potentially create the conditions for the formation and bursting of bubbles, and the aftermath of such events: the contagion of macro-economic processes. Achieving a better understanding of the formation of bubbles and the impact of contagion will no doubt determine the stability of future economies – let these two volumes be the starting point for a rational approach to a seemingly irrational phenomena.
"I urge everyone to read this important new book.”—Ron Paul, Host of Ron Paul Liberty Report Americans are facing sticker shock at every turn: from the gas pump to the grocery store and every kind of consumer service. But the eye-popping price increases are just the tip of the iceberg in terms of the threat to the country’s economic recovery. Inflation showers windfalls on the rich while penalizing workers, savers, retirees, small businesses, and most of Main Street economic life. New York Times bestselling author and former investment manager David A. Stockman, who served as director of the Office of Management and Budget under President Reagan, explains the roots of today’s runaway inflation so investors at all levels can calibrate their financial strategies to survive and thrive despite economic uncertainty. The Great Money Bubble covers the entire economic landscape, including: Why the rising price of assets is far more dangerous than rising consumer prices The inside story on stock market manipulations and the effects of ultracheap debt Why real estate is no longer a guaranteed inflationary hedge Stockman’s four-step strategy to protect your savings and portfolio After spearheading the economic policy for the Reagan Revolution, Stockman worked on Wall Street at the highest levels, and is now an adviser to professional investors. With this book, readers at all investment levels can have access to his groundbreaking financial advice.
“This book provides an accessible, yet formal framework to understand how housing bubbles arise, their international dimension, their consequences, and ways to prevent them.” Òscar Jordà, University of California, Davis, USA “Basco’s analysis blends, in a very rigorous but enjoyable manner , state-of-the-art theory and historical examples, adding also a very timely and valuable set of policy orientations.” Óscar Arce, Director General, Banco de España, Madrid, Spain Booms and busts of house prices are a recurrent feature throughout history. This book provides a comprehensive overview of the origins and economic consequences of these housing bubbles. The book starts with a formal definition of asset price bubbles and a summary of the most famous episodes, before describing how economists have thought about asset price bubbles; specifically behavioral vs. rational interpretations. These theories are applied to the special case of housing and the same framework is used to explain the implications of financial globalization for capital flows and housing bubbles. After analyzing its origins, the economic consequences of housing bubbles for both households and firms are derived and documented. The final sections are devoted to discussing the effects of financial crises and explain how financial regulation could mitigate the emergence of future housing bubbles. Case studies of the recent housing bubbles in the United States and Spain are also featured in the book. This book will be of value to advanced undergraduate macroeconomic courses, as well as researchers in international economics and macroeconomics and policy makers.
