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Michael Pollan Quote

The bubble logic driving tulipomania has since acquired a name: the greater fool theory. Although by any conventional measure it is folly to pay thousands for a tulip bulb (or for that matter an Internet stock), as long as there is an even greater fool out there willing to pay even more, doing so is the most logical thing in the world.

Michael Pollan

The bubble logic driving tulipomania has since acquired a name: the greater fool theory. Although by any conventional measure it is folly to pay thousands for a tulip bulb (or for that matter an Internet stock), as long as there is an even greater fool out there willing to pay even more, doing so is the most logical thing in the world.

Tags: greater fool theory, logic, tulipomania, tulips

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About Michael Pollan

Michael Kevin Pollan (; born February 6, 1955) is an American author and journalist, who is currently Professor of the Practice of Non-Fiction and the first Lewis K. Chan Arts Lecturer at Harvard University. Concurrently, he is the Knight Professor of Science and Environmental Journalism and the director of the Knight Program in Science and Environmental Journalism at the UC Berkeley Graduate School of Journalism where in 2020 he cofounded the UC Berkeley Center for the Science of Psychedelics, in which he leads the public-education program. Pollan is best known for his books that explore the socio-cultural impacts of food, such as The Botany of Desire and The Omnivore's Dilemma.