David Kirsch
Associate Professor, The University of Maryland

David A. Kirsch is associate professor of management and entrepreneurship in the M&O Department at the University of Maryland’s Robert H. Smith School of Business. His latest book is Bubbles and Crashes: The Boom and Bust of Technological Innovation (2019). He is interested in industry emergence, technological choice, technological failure and the role of entrepreneurship in the emergence of new industries. He lives in Chevy Chase, Maryland.

Written by David Kirsch

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

Essay/
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