Harvard Business Review

← Harvard Business ReviewNouveau · 3 min

Steven Pinker on Speculative Bubbles and the Impact of Public Signals

Steven Pinker on Speculative Bubbles and the Impact of Public SignalsNouveau3 min

Steven Pinker on Speculative Bubbles and the Power of Public Signals

1 Oct 2025

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Why do people pour money into hype—like crypto or meme stocks—even when it’s risky? Steven Pinker explains the psychology that makes markets chase fads.

Listen to the full IdeaCast episode here: https://s.hbr.org/42fZ1ll

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