The book makes an argument that booms and busts are not random and can therefore be identified. It's structured similarly to how the course at Yale by Mansharamani has been taught. The first third of the book focuses upon various theoretical and disciplinary lenses useful in the study of booms...

Eric Barthalon applies the neglected theory of psychological time and memory decay of Nobel Prize winning economist Maurice Allais (1911 2010) to model investors' psychology in the present context of recurrent financial crises. Shaped by the behavior of the demand for money during episodes of...