Brent Goldfarb
Associate Professor/Academic Director, The University of Maryland

Brent Goldfarb is associate professor of management and entrepreneurship in the Management and Organization Department at the Robert H Smith School of Business, and the academic director of the Dingman Center for Entrepreneurship, both at the University of Maryland. His latest book is Bubbles and Crashes: The Boom and Bust of Technological Innovation (2019), co-authored with David A Kirsch. He lives in Baltimore, Maryland.

Written by Brent Goldfarb

The August 1926 edition of Radio Broadcast magazine, three years before the 1929 crash. Scan courtesy of

Economic history
The economics of bubbles

Market booms and busts might be irrational, but we can understand why they happen – and what to do to mitigate the damage

Brent Goldfarb & David A Kirsch