Nancy's Reviews > This Time Is Different: Eight Centuries of Financial Folly

This Time Is Different by Carmen M. Reinhart
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's review
May 09, 2010

really liked it
bookshelves: did-not-finish, history, non-fiction, finance
Read from April 26 to May 09, 2010

Don't curl up by the fire intending to read this book.

For most people reading this book would be a real slog. It is dense and full of charts and tables. However, picking it up, opening it to an interesting looking chapter and examining the tables and charts can be very engaging. If you get bogged down, don't give up. Pick it up from time to time and read a section. You'll learn a lot about finance.

While I did not read the whole book I got some good pointers from it. One is that there was never a real Golden Age where monetary policy and finance worked well for everyone for any extended period of time. (e.g. creation of the Federal Reserve is not the source of problems in the US.) A more important one is that you really need to watch out for yourself. Other people poking through different chapters will get different insights.
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