Click here to read Graham Brownlow's post at the Extremis Project. In his post he discusses the economics of anti-terrorism policies in Northern Ireland during the Troubles. Interestingly, he views the state funding provided to DeLorean in the context of the British government's anti-terrorism policy.
My colleague and former PhD student Gareth Campbell has created a website about the British Railway Mania - click here . This episode has been described by the Economist as probably the greatest bubble in human history. Gareth's website provides background on the Mania and posits some explanations for the 'bubble'. In his explanation of why the bubble happened, Gareth places a lot of emphasis on investor myopia regarding future dividends and uncalled capital. His study of investors during the episode does not support the view that this episode was fuelled by naive and irrational investors.