Book cover of Market Madness: A Century of Oil Panics, Crises, and Crashes

Book description

Stock market booms are cause for celebration. But when oil prices soar because supplies are failing to keep up with demand, the response is nearly always apocalyptic. Predictions of the end of oil can create anxiety on Wall Street and in Washington, stoking fears that production has hit a ceiling…

When you buy books, we may earn a commission that helps keep our lights on (or join the rebellion as a member).

Why read it?

1 author picked Market Madness as one of their favorite books. Why do they recommend it?

For as long as I can remember, the oil industry has been saying oil is a finite resource and we are only a few years away from running dry.

It may be confusing to fathom how an industry can keep repeating that meme and have it continue to be believable. The key is understanding the cyclical nature of oil exploration and development and how the long lead time it takes to drill for new oil can lag behind a sudden burst of economic prosperity that creates more demand for energy virtually overnight. In essence, every oil shortage will eventually be…

If you love Market Madness...

Book cover of December on 5C4

December on 5C4 by Adam Strassberg,

Magical realism meets the magic of Christmas in this mix of Jewish, New Testament, and Santa stories–all reenacted in an urban psychiatric hospital!

On locked ward 5C4, Josh, a patient with many similarities to Jesus, is hospitalized concurrently with Nick, a patient with many similarities to Santa. The two argue…

Want books like Market Madness?

Our community of 13,000+ authors has personally recommended 54 books like Market Madness.

Browse books like Market Madness

Book cover of Liar's Poker
Book cover of Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
Book cover of Partial Hegemony: Oil Politics and International Order

Share your top 3 reads of 2026!

And get a beautiful page showing off your 3 favorite reads.

181

readers submitted
so far, will you?

📚 If you like Market Madness, you might also like...

Book cover of Child of Vanris

Child of Vanris by Nikki McCormack,

At five years old, Kasiel was found with the pointed ends of his ears cut off. Despite that brutal start, he’s lived twelve peaceful years with the man who took him in. Keeping his hair long over his mutilated ears helps him hide the fact that he is Vanrian, a…

Book cover of Almost Home

Almost Home by Howard Means,

Almost Home is a fictional retelling of the last great tragedy of the Civil War.

In late April 1865, almost 2,000 newly freed Union prisoners of war are packed onto the steamer Sultana, in poor repair and with a listed capacity of 376 passengers. Among them are four Indiana soldiers…

5 book lists we think you will like!