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Manias, Panics and Crashes: A History of Financial Crises (Paperback) by Charles Poor Kindleberger, Robert Z. Aliber
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Manias, Panics and Crashes: A History of Financial Crises (Paperback) by Charles Poor Kindleberger, Robert Z. Aliber
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from Mandarinate
The book is regarded as a classic on the history of financial meltdowns similar to the 2008-09 global economic crisis. The author recounts bubbles and crashes over several centuries. The bottom line from his analysis is that the existence of a lender of last resort (like the IMF today) helps damp...
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