Manias, panics and crashes
Subtitle: a history of financial crises
By: Robert Z. Aliber, Emeritus Professor of International Economics and Finance, Booth School of Business, University oif Chicago and Charles P. Kindleberger formerly Ford Professor of Economics, Massachusetts Institute of Technology
Contributors: Kindleberger, Charles P., 1910-2003, author
Edition: Seventh edition.
Publisher: Palgrave Macmillan
Published: 2015
Language: eng
Number of pages: 426
ISBN-13: 9781137525758
Subjects: Depressions; Business cycles; Financial crises
Description: Since its introduction in 1978, this book has charted and followed the volatile world of financial markets. Charles Kindleberger's brilliant, panoramic history revealed how financial crises follow a pattern. Events of recent years and the current Eurozone continue to dominate policy and headline debates around the globe. In this updated and expanded seventh edition, Robert Z. Aliber probes the most recent calamities and changes in the markets, including the unique nature of economic activities in China. Most significantly, Robert Z. Aliber proposes, for the first time, that the sequence of global financial tensions in recent years are not independent events, or a case of 'bad actors' at play, but symptomatic of an inherent instability in the international system. With an updated Foreword from Robert M. Solow and a new Afterword from Lord Robert Skidelsky, this edition exemplifies the continued importance of Kindleberger's work and Aliber's ongoing examination of financial crises around the world.
Notes: With an updated foreword by Robert M. Solow --over.

Includes bibliographical references and index.
Table of contents: title: Introduction; title: Financial crises : a hardy perennial; title: The anatomy of a typical crisis; title: Speculative manias; title: Fueling the flames : the expansion of credit; title: The critical stage : when the bubble is about to pop; title: Euphoria and paper wealth; title: Bernie madoff : frauds, swindles, and the credit cycle; title: International contagion 1618-1930; title: Bubble contagion : Mexico City to Tokyo to Bangkok to New York, London, and Reykjavik; title: Euromania and Eurocrash; title: Policy responses : benign neglect, exhortation, and bank holidays; title: The domestic lender of last resort; title: The international lender of last resort; title: The Lehman panic : an avoidable crash; title: The lessons of history; title: Epilogue.