
The Internet stock bubble wasn't just about goggle-eyed day traderstrying to get rich on the Nasdaq and goateed twenty-five-year-olds playing wannabe Bill Gates. It was also about an America that believed it had discovered the secret of eternal prosperity: it said something about all of us, and what we thought about ourselves, as the twenty-first century dawned. John Cassidy's Dot.con brings this tumultuous episode to life. Moving from the Cold War Pentagon to Silicon Valley to Wall Street and into the homes of millions of Americans, Cassidy tells the story of the great boom and bust in an authoritative and entertaining narrative. Featuring all the iconic figures of the Internet era -- Marc Andreessen, Jeff Bezos, Steve Case, Alan Greenspan, and many others -- and with a new Afterword on the aftermath of the bust, Dot.con is a panoramic and stirring account of human greed and gullibility.
This book investigates the systemic causes and cultural implications of the late 1990s Internet stock market bubble and its subsequent collapse. John Cassidy, a veteran financial journalist, utilizes his extensive background in economic reporting to synthesize the intersection of technological optimism, corporate malfeasance, and individual investor behavior. He argues that the dot-com era was not merely a financial anomaly but a reflection of a broader American psychological shift toward speculative excess and the belief in a new, permanent economic paradigm.
What You Will Find
Scope Limits
Critics and financial historians frequently cite this work as a definitive narrative account of the dot-com bubble, praised for its accessibility to non-specialist readers. Experts highlight the author's ability to balance complex economic data with the human-interest stories that defined the era.
Page Count:
416
Publication Date:
2003-05-13
Publisher:
Harper Perennial
ISBN-10:
0060008814
ISBN-13:
9780060008819
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