Daron Acemoglu, the famous economist, has a unique insight into the current civil unrest in Turkey. He is originally from Turkey ('oglu' is the Turkish equivalent of 'Mc' or 'son') and he is an expert on the rise of democracy. Click here to get his views on the Turkish civil unrest.
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.