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Manias, Panics, and Crashes

A History of Financial Crises (Wiley Investment Classics)

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The cover of “Manias, Panics, and Crashes” - Open Library.

"Manias, Panics, and Crashes" was published by Wiley in December 4, 2000, it has 304 pages and the language of the book is English.


“Manias, Panics, and Crashes” Metadata:

  • Title: Manias, Panics, and Crashes
  • Authors:
  • Language: English
  • Number of Pages: 304
  • Publisher: Wiley
  • Publish Date:

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There is hardly a more conventional subject in economic literature than financial crises.

"Manias, Panics, and Crashes" Description:

The Open Library:

"Manias, Panics, and Crashes probes the most recent natural disasters of the markets - from Black Monday to the Japanese boom and bust, from the sterling crisis and peso devaluation to the explosion in today's technology stocks.". "Kindleberger's writing leads the reader through a myriad of financial free falls. From the currency devaluation in the Holy Roman Empire in 1618, through the California gold rush of the 1840s and '50s to the crash of 1987, all the way up to the present day, his sharply drawn history confronts a host of key questions: In the ups and downs of market behavior, where is the line between rational and irrational? Are the markets a fool's paradise in an explosive world? When the storm expands to dangerous proportions, who will calm the panic? Should a "lender of last resort" intervene to repair the wreckage?" "Manias, Panics, and Crashes can be regarded as a warning or a proposition, reminding readers, in many ways, that what goes around comes around. Like all true classics, Kindleberger's book remains timely - for better or for worse."--BOOK JACKET.

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