

#4693
Mentioned in 7 episodes
Boom
Bubbles and the End of Stagnation
Book • 2024
In Boom, Byrne Hobart and Tobias Huber examine the reasons behind the current era of technological stagnation.
They argue that financial bubbles, often seen as destructive, have historically been the engine of significant breakthroughs.
Through case studies of the Manhattan Project, the Apollo program, fracking, and Bitcoin, the authors illustrate how small groups with unified visions, vast funding, and poor accountability can drive transformative progress.
The book integrates insights from economics, philosophy, and history to provide a blueprint for accelerating innovation by decreasing collective risk aversion and organizing high-agency individuals around transcendent missions.
They argue that financial bubbles, often seen as destructive, have historically been the engine of significant breakthroughs.
Through case studies of the Manhattan Project, the Apollo program, fracking, and Bitcoin, the authors illustrate how small groups with unified visions, vast funding, and poor accountability can drive transformative progress.
The book integrates insights from economics, philosophy, and history to provide a blueprint for accelerating innovation by decreasing collective risk aversion and organizing high-agency individuals around transcendent missions.
Mentioned by












Mentioned in 7 episodes
Mentioned by
Alex Danco in the context of books that discuss the important role of bubbles in financing new things.


115 snips
17: Alex Danco - Innovation Begins with Gifts
Mentioned by Eric and Matjaž Leonardis as the subject of their discussion in Austin.

93 snips
E71: Risk Taking, Contrarianism, and Growth [Byrne on Interintellect]
Recommended by Michael Batnick as one of the better nonfiction books he's read recently, offering insights into technological progress and the need for bubbles.

54 snips
The Leverage Mania (EP.388)
Recommended by
Byrne Hobart as a book co-authored with Tobias Huber, exploring the underrated nature of financial bubbles and their similarities to government-funded mega-projects.


26 snips
E51: Venture Scale, Y Combinator, and Financial Bubbles