An interesting analysis I found recently. After the Tech bubble on 2000-2001 and the current housing bubble, it is predicted that the next bubble is predicted to occur on the alternative energy field.
![[Image]](http://www.harpers.org/media/image/blogs/misc/alt-energy-eps-v5.gif)
By definition, a bubble is defined as an overflow of fund invested in a particular sector due to the nature of speculation. Some of the more well known bubbles can be found during the tech bubble in 2001 and the current housing bubble.
A bubble is generally considered to have a negative impact on the economy because they tend to cause misallocation of resources into non-optimal uses. In addition, the crash which usually follows an economic bubble can destroy a large amount of wealth and cause continuing economic malaise.
The full report for the analysis can be found here on http://www.harpers.org/archive/2008/02/0081908
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