Communication, Contagion, and Conspiracy
Social contagion is an age-old process of collective behavior. It has been studied by sociologists in the U.S. for decades. In the economic sphere, stock market bubbles that end in a furious crash that reflects the contagion of panic. Economists cite the infamous collapse of the “Tulip Mania” in Holland in 1637 as the classic … More Communication, Contagion, and Conspiracy