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Why Did Japan’s Asset Bubble Got So Big?

May 24, 2022

Japan’s asset bubble became extremely big. The reasons for it ranged from Japanese economy in late 1980s, to financial deregulation enforced by the US, to the effects of the September 1985 Plaza Accord. […]

Sign of Yen painted on cracked floor.

1985-1990: Japan’s Bubble Economy

May 24, 2022

The Japanese bubble was an asset bubble. It refers to the swift rise in Japanese asset prices in 1985 and then the rapid collapse of those prices in 1990. […]

Thor’s hammer

Norse Mythology: The Many Names of Thor

May 20, 2022

It’s not unusual for a Norse god to have many different names. But the number of names that are used to refer to Thor is much more than any other Norse god even Odin himself. […]

Inscription on pavement, marking the spot of Savonarola's execution.

The Fall of Girolamo Savonarola

May 19, 2022

When Girolamo Savonarola came to power, there was a good deal of confusion. However, that was indicative of freedom of the Florentines. But when he condemned Pope Alexander VI, Savonarola began to lose his grip on Florence. […]

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