https://pjmedia.com/richardfernandez/2010/05/08/the-trouble-with-tulips/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usFri, 12 Jun 2026 19:33:22 -0400<![CDATA[Barney Frank&#8217;s disquisition on why you couldn&#8217;t have a housing bubble because &#8220;houses ain&#8217;t tulips&#8221; provides a remarkable insight into his thought process and its limitations.  In a C-Span video Frank argued that overpriced housing was fundamentally different from historical bubbles, such as the one in tulips because houses had an intrinsic value which flowers did not.]]>Sat, 08 May 2010 01:21:34 -0400<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2010/05/08/the-trouble-with-tulips-n189768