Manias, Panics and Crashes: A History of Financial Crises

Manias, Panics and Crashes: A History of Financial Crises

by PeterL.Bernstein (Foreword), Charles P . Kindleberger (Author)

Synopsis

This volume was first published in 1978, and dealt with financial crises that were, for the most part, before World War II. Black Monday of October 1987, along with other factors, indicated a need for further research. The third edition had its stimulus in the Japanese crash of January 1990, the effects of which carried through to decade. This new fourth edition covers the striking troubles of Mexico in 1994-95 and East Asia in 1997-98.

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More Information

Format: Paperback
Pages: 304
Edition: 4th edition
Publisher: Palgrave Macmillan
Published: 13 Dec 2001

ISBN 10: 0333970292
ISBN 13: 9780333970294

Media Reviews
'Charles Kindleberger has written, with great polish and style, an analysis of the stages of financial crises over the last two and a half centuries.' - Patrick Minford, Economic Journal 'Manias, Panics and Crashes is a scholarly account for the way that mismanagement of money and credit has led to financial explosions over the centuries.' - Richard Lambert, Financial Times 'Professor Kindleberger has the welcome gifts of carrying lightly an immense weight of learning and of always using his imagination in deciding how to deploy it. These gifts are as evident as ever in his latest book.' - W.Ashworth, Economic History Review
Author Bio
CHARLES P. KINDLEBERGER, after serving in Central Banking, the military and government from 1936 to 1948, taught economics at the Massachusetts Institute of Technology, specializing in international economic and European Economic history. He retired in 1981 as Ford International Professor of Economics, Emeritus. Among his many books are The World Depression, 1929-39 and the Financial History of Western Europe. His most recent work is World Economic Primacy, 1500-1990, published in 1996.