Selected as one of the best investment books of all time by the Financial Times, Manias, Panics, and Crashes puts the turbulence of the financial world in perspective. Here is a vivid and entertaining account of how reckless decisions and a poor handling of money have led to financial explosions over the centuries.
In this updated edition of his most popular work, Charles Kindleberger presents a detailed study of nearly every major financial upset throughout history. From the Holy Roman Empire?s currency devaluation of 1618 to the stock market crash of 1987, this history is a highly enjoyable and supremely informative listening experience.