This Time Is Different: Eight Centuries of Financial Folly
by Carmen M. Reinhart, Kenneth S. Rogoff
This landmark study draws on eight centuries of data to reveal recurring patterns in financial crises and their consequences for economies worldwide.
About This Book
This book examines patterns of financial crises across eight centuries of economic history.
The authors analyze recurring themes in sovereign debt, banking, and inflation crises.
Data from numerous countries and time periods form the foundation of the study.
The work highlights how policymakers and markets often overlook historical precedents.
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