The work of Charles Kindleberger, who died on July 7th, has never been more In “Manias, Panics and Crashes”, Mr Kindleberger provided a. Manias, Panics, and Crashes has ratings and reviews. Charles Kindleberger’s brilliant, panoramic history revealed how financial crises follow a. Manias, Panics and Crashes, is a scholarly and entertaining account of the way that mismanagement of money and credit has Kindleberger, Charles P. (et al.).

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I totally disagree that Lehmann bro should have been bailed out.

Feb 13, Ernie Lavagetto rated it it was amazing. The author traces this pattern with examples going back to the tulips, with special emphasis on English, French, and American panics from the South Sea bubble through A case of, “I’d have done it differently if I was writing it.

Manias, Panics, and Crashes: A History of Financial Crises by Charles P. Kindleberger

Aug 02, Dale Johnson rated it really liked it. But in fact, Kindleberger uses the generic “crisis anatomy” as the structure of the book, touching on each episode only as it relates to a given part of the anatomy.

I had been hoping for more of a straightforward narrative description of each crisis, many of which, after all, occurred in unfamiliar settings. For those who yearn for numbers, standard series on bank reserves, foreign trade, commodity prices, money supply, security prices, rate of interest, and the like are fairly readily available in the historical statistics. That being said however, the book does contain a lot of information and obviously the author knows and has done a lot of historical research.


This copy as gifted to me by my alma mater at an event where Professor Aliber, the co-author of this edition, spoke. Mar 02, Jake rated it liked it Shelves: This indicates, the next financial crisis will occur where this excess capital ends up triggered by whatever the demand side shock mentioned above meaning as long as there is this excess capital, another crisis is inevitable.

I still recommend the book, if you are very interested in the topic.

This book was incredibly dense and difficult to read. It is an eerie foreshadowing of the true mania that seized the country in when the government communicated its intent to effectively free the financial markets of regulatory oversight.

It seems that all crashes have some similar elements. This is more of a supply side shock, which no one has control over after crazhes collapse There have been many attempts to explain the GFC — greed, irrational behaviours, bell curve, derivatives, excessive leverage, failures by rating agencies, regulatory failure, etc, which all can be groups as a demand side shock.

The panifs account goes something like this: The book reads like 10 different people wrote parts of mania and didn’t know what others were writing.


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

One of the most dense and therefore challenging books I’ve read. This book ends up being neither here nor there. Oxford University Press is a department of the University of Oxford.

When you hear this phrase of a boom, sell your shares. Jan 06, James rated it it was ok Shelves: This is not a page-turner msnias much as a tome of wisdom: If you’re in a rush and want to get the gist, read the last chapter. If you want to learn how to identify downcycles early, and to understand their progression and eventual end, look no further than Kindleberger’s work.

Begin your journey here to better knowledge of financial crises. Slavery after Rome, — Want to Read Currently Reading Read. This is more of a kinndleberger side shock, which no one has control over after the collapse of the Bretton Woods system.

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The book is written for both a professional-economist and lay readership. Paperback4th editionpages. Trivia About Manias, Panics, a