I think I’ve found a bubble
There is a lot of talk about bubbles, and how we need to do something to prevent them. I find this difficult, as even if we could observe bubbles we also really need to justify why we should lean against them – as long as the cost falls on those getting themselves involved in the bubble I’m not sure what the issue is.
However, if we are going to do things I think I’ve identified a pretty obvious bubble:
The use of the word “sustainable“.
No no, you’re looking at it the wrong way around.
If you reverse it, it clearly shows that *non* usage of the word “sustainable“ is rapidly *shrinking*.
Call me cynical, but you could do that with just about any modern jargon word including most of the one’s economists use.
I guess it would be too early to announce that a bubble is in the making. The usage of word sustainable has a long way ahead, until we gain sustainability, and a re over it.
I think I’ve found a bubble that burst:
http://ngrams.googlelabs.com/graph?content=methodological+individualism&year_start=1700&year_end=2008&corpus=0&smoothing=3
@Miguel Sanchez
Looks like that one is in the process of popping 😉
i find nothing wrong wit bubble though
Environment has peaked.
http://ngrams.googlelabs.com/graph?content=Environment&year_start=1700&year_end=2008&corpus=0&smoothing=3