Manias, Panics, and Crashes: A History of Financial Crises
by Charles P. Kindleberger, Robert Z. Aliber, Robert N. Mccauley
A historical study of financial crises, exploring how speculation, credit, and policy responses have repeatedly shaped economic instability from the 1600s onward.
About This Book
Manias, Panics, and Crashes examines the recurring patterns of financial instability across centuries.
The book traces speculative manias, banking panics, and economic crashes from early modern Europe to recent global events.
Authors analyze the roles of credit expansion, investor behavior, and policy responses in amplifying crises.
Updated editions incorporate new case studies and reflections on contemporary financial systems.
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