Manias, Panics, and Crashes ^{4th Ed.}

The best known and most highly regarded book on financial crises.

Financial crises and speculative excess can be traced back to the very beginning of trade and commerce. Since its introduction in 1978, this book has charted and followed this volatile world of financial markets. Charles Kindleberger's brilliant, panoramic history revealed how financial crises follow a nature-like rhythm: they peak and purge, swell and storm. Now this newly revised and expanded Fourth Edition probes the most recent "natural disasters" of the markets — from the difficulties in East Asia and the repercussions of the Mexican crisis to the 1992 Sterling crisis. His sharply drawn history confronts a host of key questions.

1. Financial Crisis:: A Hardy Perennial
2. Anatomy of a Typical Crisis
3. Speculative Manias
4. Fueling the Flames: Monetary Expansion
5. The Emergence of Swindles
6. The Critical Stage
7. Domestic Contagion
8. International Contagion
9. Letting It Burn Out, and Other Devices
10. The Lender of Last Resort
11. The International Lender of Last Resort
12. Conclusion: The Lessons of History

Professor Kindleberger recently passed away. This book ensures that he will always be remembered as an authority in the field of economic history.

Don't miss reading this book, you'll learn a lot of stuff you never thought about.