Manias, Panics, and Crashes

Manias, Panics, and Crashes

andreyma Books Reviews

Review Manias, Panics, and Crashes: A History of Financial Crises 

by CHARLES KINDLEBERGER

Description

Charles Kindleberger takes on financial crises and gives a historical account of its beginning and continued existence in the modern age. In this book, the volatility of the financial markets is exploited to identify patterns and tendencies as Kindleberger intricately probes on financial crises.

Unearth unknown truths about financial crises and learn from the different financial panics from different parts of the world on different time periods. 

About the Author

Charles Kindleberger is teaching Economics at MIT. He has authored a total of thirty books and still counting. Kindleberger is a well-known financial historian and was dubbed as “the master of the genre” on the financial crisis. Kindleberger also served as a consultant to the federal government, particularly for the Treasury and the Federal Reserve. He became the president of the American Economic Association in 1985.

Table of Contents

This book contains the following topics:

Introduction

Foreword

  1. Financial Crisis: A Hardy Perennial
  2. The Anatomy of a Typical Crisis
  3. Speculative Manias
  4. Fueling the Flames: Monetary Expansion of Credit
  5. The Emergence of Swindles
  6. The Critical Stage – When the Bubble is About to Pop
  7. Euphoria and Paper Wealth
  8. Bernie Madoff: Frauds, Swindles, and the Credit Cycle
  9. Domestic Contagion
  10. International Contagion 1680 -1930
  11. Euromania and Eurocrash
  12. Policy Responses: Benign Neglect, Exhortation, and Bank
  13. Letting It Burn Out, and Other Devices
  14. The Domestic Lender of Last Resort
  15. The International Lender of Last Resort
  16. The Lehman Panic – An Avoidable Crash
  17. Conclusion: The Lesson of History

Epilogue

Appendixes

Notes

Index