The Dot-Com Bubble: Boomers and the Rise of Speculation

This chapter explores the origins of the dot-com bubble, focusing on how the baby boomer generation, influenced by historical economic shifts, drove a wave of investment during the 1990s. It highlights the transition from traditional pension plans to 401(k) plans, which empowered everyday Americans to invest in the stock market, fostering a culture of speculation. Additionally, the chapter examines the explosive growth of tech stocks, media influences, and the role of financial news in creating a frenzy around internet investments.