After a week of reporting and writing on booms and busts—everything from the economy of big oil boomtowns to the growth of the mental-health counseling field—Jamie Wiebe considers five of the biggest booms—and five of the biggest busts—of the past year.
A phenomenon discovered by oil engineers after they spent too much on tracts of land in the Alaskan tundra also applies to all of those eBay bidding wars you've been participating in.
Changing monetary policy in China reminds us that all national currencies are little more than constructions, open to manipulation and wild fluctuation.
Whimseybox, Julep, Wantable, Blue Apron, Glossybox, and many, many more: After the success of Birchbox, the subscription product industry exploded, but how many different products do we need delivered straight to our door? As part of our week-long series on booms and busts, Jamie Wiebe talks to some of the pioneers behind an industry where the business models are shaky and the margins thin.
To kick off our week-long series on booms and busts, Jamie Wiebe looks to North Dakota, currently the fastest-growing state in the union, to see how local planners are preparing for what's widely considered to be an inevitable crash.
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