false 367596 0471389455 9780471389453 53 15 http://photo.goodreads.com/books/1174166199m/367596.jpg http://www.goodreads.com/book/show/367596.Manias_Panics_and_Crashes_A_History_of_Financial_Crises 37193 Charles P. Kindleberger 69 20 4 0 false Fri Sep 12 09:36:51 -0700 2008 Fri Sep 12 10:06:22 -0700 2008
But if you can get past these flaws, there is a wealth of information inside. For instance, the connection between bubbles in stock markets and real estate is explained, the rise of fraud and euphoria in economic booms is made evident, and the roots of bubble contagion are traced to their beginnings.

But above all, the repetitive cycles of economic history, from bust to boom to bust again, are indelibly impressed on the reader. The current bust in real estate prices and the present liquidity crisis (2008) appear banal and predictable in structure to previous crises; only the actors and instruments seem to change. Human nature remains a constant, and so there will invariably be more economic turbulence in the future.]]>