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Byrne Hobart

Byrne Hobart is an investor, consultant, and writer. He is the co-author of Boom: Bubbles and the End of Stagnation.

A person with short gray hair stands outdoors, wearing a patterned collared shirt. Green foliage is visible in the background.

A large anthropomorphic figure blows bubbles labeled with financial terms, while a crowd of people chase after them, unaware of the bubble revisionism at play.

The key to techno-scientific progress? “Bubbles”

From tulips to Bitcoin, bubbles have been given a bad rap as destroyers of dreams — but they’re essential for our brightest future. Here’s why.