Bubbles Quote by Glenn Harlan Reynolds
““Bubbles form when too many people expect values to go up forever. Bubbles burst when there are no longer enough excessively optimistic and ignorant folks to fuel them. And there are signs that this is beginning to happen already where education is concerned.””
About This Quote
Economic bubbles form when optimism outpaces reality; they burst when optimism wanes, especially in education.
In simple terms: Bubbles need from over‑optimism.
Watch for unsustainable expectations.
Themes
Mood
Type
When to use this quote
- investment decisions
- policy making
- curriculum design
- parental expectations
Key Concepts
Questions to Reflect On
- What signs indicate a bubble in education?
- How can we balance optimism with realism?
Predicting bubble bursts is uncertain.