Manias, Panics, and Crashes: A History of Financial Crises, Seventh Edition
by Charles P. Kindleberger, Robert Z. Aliber
A historical study of financial crises, exploring the recurring cycles of speculation, panic, and economic collapse from early modern times to recent decades.
About This Book
Manias, Panics, and Crashes examines recurring patterns in financial crises across centuries.
The book analyzes the economic and psychological factors that drive speculative bubbles and their aftermath.
It draws on historical case studies to illustrate how markets repeatedly experience booms followed by severe contractions.
Readers gain insight into the structural vulnerabilities that make financial systems prone to instability.
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