Unpriced

References


Carlota Perez

Perez, Carlota (2002). Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages. Cheltenham: Edward Elgar. Table 2.1 (big bangs), Table 5.1 (bubbles, turning points, golden ages), and chapter 7 – PDF, for “a certain amount of circularity,” “a stylised description” and “a heuristic device.”

Perez, Carlota (2024). “What Is AI’s Place in History?” Project Syndicate, 11 March – article.


Quotations and episodes


Numbers


The second meter


The atlas

Dates from Perez, Table 5.1 as reproduced in the Engelsberg paper: canal mania 1793-97; railway mania 1848-50; the London-funded global build-up 1890-95; the roaring twenties 1929-33 (1929-43 in Europe); internet mania, with the fifth turning point 2001-???. Big bang years and names from Table 2.1; the second bubble 2004-2007 from the 2009 paper. The atlas draws rows in real years after each big bang; her figure aligns them by phase. The atlas and the curve are drawn to 2026, when the piece was written.