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Dr. Kindleberger's last bubble

Paper Economy reprises a Wall Street Journal story on Charles Kindleberger, the author of Manias, Panics & Crashes; A History of Financial Crises, who died a few years ago. The WSJ piece seems to have been published in 2002.

Housing probably wasn't a bubble in 2002, but Kindleberger knew the signs. Here is an appreciation of him that I wrote in July 2003, after he died.

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