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I have a review of Pop! Why Bubbles Are Great For The Economy by Daniel Gross. It's a quick read. Time well spent.

The Good: A breezy and perceptive argument that creative destruction and bubbles go hand-in-hand.

The Bad: This thesis isn?t really novel, once constituting a major tradition within economics.

The Bottom Line: Canny and readable, propelled by brief histories of several transformative euphorias.

About the author

Chris Farrell is the economics editor of Marketplace Money.

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