The Trouble with Bubbles
Besides champagne, bubbles are typically associated with situations in finance in which assets trade at prices far exceeding their fundamental value. Stock and real-estate may get overheated but the same goes for opinions on the web, social status and a whole range of other phenomena in science and society.
Vincent Hendricks, is a Danish philosopher and logician. He is Professor of Formal Philosophy and Director of the Center for Information and Bubble Studies at University of Copenhagen.