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文章基本信息

  • 标题:When Will the Bubble Burst?
  • 本地全文:下载
  • 作者:Bruce A. Babcock babcock@iastate.edu --
  • 期刊名称:Iowa Ag Review Online
  • 出版年度:2008
  • 卷号:14
  • 期号:01
  • 出版社:Center for Agricultural and Rural Development (CARD)
  • 摘要:

    High prices are their own worst enemy. Increased profit margins entice entrepreneurial investment, which results in increased production. Lower market prices inevitably follow. The magic hand of Adam Smith ensures that winners' gains and losers' losses will be temporary, as entrepreneurs correct market imbalances.

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