Manias, Panics, and Crashes

Manias, Panics, and Crashes A History of Financial Crises

Eighth edition

Paperback (07 Mar 2023)

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Publisher's Synopsis

In the Eighth Edition of this classic text on the financial history of bubbles and crashes, Robert McCauley joins with Robert Aliber in building on Charles Kindleberger's renowned work. McCauley draws on  his central banking experience to introduce new chapters on cryptocurrency and the United States as the 21st Century global lender of last resort. He also updates the book's coverage of the recent property bubble in China, as well as providing new perspectives  on the US housing bubble of 2003-2006, and the Japanese bubble of the late 1980s. And he gives new attention to the social psychology that leads people to take the risk of investing in Ponzi schemes and asset price bubbles. For the first time in this revised and updated edition, figures highlight key points to ensure that today's generation of finance and economic researchers, students, practitioners and policy-makers-as well as investors looking to avoid crashes-have access to this panoramic history of financial crisis.



Book information

ISBN: 9783031160073
Publisher: Springer International Publishing
Imprint: Palgrave Macmillan
Pub date:
Edition: Eighth edition
DEWEY: 338.542
DEWEY edition: 23
Language: English
Weight: 688g
Height: 154mm
Width: 235mm
Spine width: 28mm