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Zac Bissonnette Books

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The Great Beanie Baby Bubble: Mass Delu...

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“Charles Kindleberger explained the self-perpetuating feeding frenzy that develops when speculators start making money: 'There is nothing so disturbing to one’s well-being and judgment as to see a friend get rich'.”

Friends Monetary Speculation Quick Wealth

Book:The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

Source: The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

“Kids who grew up in Naperville remember trading them in the first half of 1995, close to a year before the rest of the country had heard of them, and a few teachers had banned Beanies from their classrooms because they'd become a distraction.”

Children School Toys Original Beanie Babies

Book:The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

Source: The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

“Like the Velveteen Rabbit of Margery Williams's perennially best-selling children's book, plush makers are animated by the prospect of their creations becoming the first thing a child loves and values.”

Love Childhood Toys Childrens Books Stuffed Animals Plush

Book:The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

Source: The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

“The speculative boom for Beanie Babies has resulted in an unsurpassed volume of high-quality, perfectly preserved, monetarily worthless plush animals for children most in need of the comfort of something soft.”

Comfort Capitalism Toys Philanthropy Donations Beanie Babies

Book:The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

Source: The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

“The donations are usually anonymous, because while philanthropy is a source of pride, philanthropy as the exit strategy of last resort from a comically bad investment isn't.”

Comfort Capitalism Toys Philanthropy Donations Beanie Babies

Book:The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute

Source: The Great Beanie Baby Bubble: Mass Delusion and the Dark Side of Cute