# Asset Bubbles and the Great Depression: Analyzing Aman Verjee with Coleman Hughes| Hn 245 Page: https://stenobird.com/podcast/haman-nature-6761033/asset-bubbles-and-the-great-depression-analyzing-aman-verjee-with-coleman-hughes-hn-245 Text version: https://stenobird.com/podcast/haman-nature-6761033/asset-bubbles-and-the-great-depression-analyzing-aman-verjee-with-coleman-hughes-hn-245.md Podcast: [Haman Nature](https://stenobird.com/podcast/haman-nature-6761033) Published: 2026-06-23T23:45:00+00:00 Episode link: https://hamannature.substack.com/p/hn-245 Audio file: https://api.substack.com/feed/podcast/203285608/2eb22a84b824cf635cea7c90294635a9.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/haman-nature-6761033/episodes/asset-bubbles-and-the-great-depression-analyzing-aman-verjee-with-coleman-hughes-hn-245 Duration seconds: 4891 ## Resource On this crossover episode, Adam Haman and economist Bob Murphy analyze an interesting discussion about asset bubbles, their causes and effects, the Great Depression, and the housing bubble that popped leading into the 2008 crisis. Can asset bubbles actually be a good thing? What is the truth of it? Answers inside!00:00 — Intro. God v Gremlins01:02 — Coleman Hughes recently interviewed Aman Verjee. Initial thoughts?03:28 — Clip 1: What is an asset bubble? How is it defined? 17:49 — Clip 2: Where do asset bubbles form? What elements must be present for a bubble to form? Can asset bubbles be good? Is Artificial Intelligence in 2026 a bubble?44:53 — Clip 3: What's the truth about the Great Depression?1:14:24 — What caused the Housing Bubble that lead up to the 2008 crash? 1:20:27 — Outro and final thoughts. Thank you for supporting Haman Nature!Sponsor mentioned: https://ExpatMoney.com/Murphy Haman Nature Merch Store: https://shop.hamannature.com Adam on X: https://x.com/Rerazer Bob on X: https://x.com/BobMurphyEcon The Bob Murphy Show: https://www.bobmurphyshow.com/ Adam’s other show: https://naturalorderpodcast.com This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hamannature.substack.com/subscribe ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/haman-nature-6761033/episodes/asset-bubbles-and-the-great-depression-analyzing-aman-verjee-with-coleman-hughes-hn-245/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/haman-nature-6761033/asset-bubbles-and-the-great-depression-analyzing-aman-verjee-with-coleman-hughes-hn-245.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.