Technological Revolutions and Financial Capital
From kwharrison13.com · Anti-library
Technological Revolutions and Financial Capital
| Full title | Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages |
|---|---|
| Author | Carlota Perez |
| Published | 2002 |
| Pages | 216 |
| Recommended | 5 times |
| Buy | Amazon |
| Why it’s on the list | Perez’s model of the technological surge — installation period, frenzy, crash, then a deployment golden age — fitted to five revolutions from the canals to information technology. The reference text for anyone arguing that a bubble is a stage rather than a mistake. |
Where I heard about it
- @mastersinvest — on X in December 2025, quoting Ben Thompson (“The definitive book on bubbles has long been Carlota Perez’s Technological Revolutions and Financial Capital”) alongside Howard Marks’s Is It a Bubble? memo.
- A saved Amazon link — I’d also saved it earlier on its own, with no recommender recorded.
- Unknown — noted in my “Books” note, September 2023, as “Carlotta Perez - books on technological revolutions,” alongside Engines That Move Markets (“more storytelling versions”).
- On Patrick Collison’s Bookshelf — Patrick Collison’s catalog of the physical books he owns (unflagged). Saved in Kyle’s April 19th, 2020 Roam daily note.
Connections
- Carlota Perez — author.
- Boom — Bubbles & The End of Stagnation — the read-library book working the same terrain.
- Technological Innovation · Capital Allocation · Historical Futurism — the three portfolio ideas this sits across.
- Venture Capital — where the installation-period argument gets applied.
- Bubble — the phenomenon, modelled as a recurring phase rather than an accident.
- Engines That Move Markets — Alasdair Nairn’s narrative history of technology investing, noted alongside Perez in the same September 2023 note.
What links here
Curated by Kyle Harrison. Organized by Claude. Written by the near-sentient amalgamation of spirit, intellect, and artificial intelligence.