095: The Twin Bubbles of 1720 - South Sea & M...

In this episode we turn our full attention to one single, legendary event that has haunted financial history for nearly four centuries: Tulip Mania, or Tulpenmanie, in the Dutch Republic during the winter of 1636–1637. 

The financial exchange landscape of early 2026 looks nothing like the world we left at the end of the 20th century. Total global equity market capitalization sits somewhere between 120 and 130 trillion U.S. dollars according to the most recent World Federation of Exchanges and SI ...  Show more

John Taylor, the Mary and Robert Raymond Professor of Economics at Stanford University and Senior Fellow at the Hoover Institution, joins the podcast to discuss how he initial got interested in economics, his initial training in econometrics as a PhD student at Stanford which led ...  Show more

The Austrian School of Economics has been around since the 1870s, when Carl Menger wrote the Principles of Economics. They were a response to the conventional economic thought that prevails today. Phil Dobbie asks Professor Steve Keen whether there are elements of the Austrian sc ...  Show more

Melvyn Bragg and guests discuss the most influential work of Thorstein Veblen (1857-1929). In 1899, during America’s Gilded Age, Veblen wrote The Theory of the Leisure Class as a reminder that all that glisters is not gold. He picked on traits of the waning landed class of Americ ...  Show more

Melvyn Bragg and his guests discuss Adam Smith's celebrated economic treatise The Wealth of Nations. Smith was one of Scotland's greatest thinkers, a moral philosopher and pioneer of economic theory whose 1776 masterpiece has come to define classical economics. Based on his caref ...  Show more