Bubble exonomy: A bubble economy is a period of rapid economic growth fueled by speculation and unsustainable asset prices. These prices are inflated far beyond their intrinsic value, leading to an eventual crash and economic downturn. See also Price, Markets._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |