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Manias, Panics, and Crashes (Seventh Edition) cover art

Manias, Panics, and Crashes (Seventh Edition)

By: Robert Z. Aliber, Charles P. Kindleberger
Narrated by: Alister Austin
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Summary

Manias, Panics, and Crashes is a scholarly and entertaining account of the way that mismanagement of money and credit has led to financial explosions over the centuries. Covering such topics as the history and anatomy of crises, speculative manias, and the lender of last resort, this book has been hailed as "a true classic...both timely and timeless".

This seventh edition of an investment classic has been thoroughly revised and expanded following the latest crises to hit international markets. Renowned economist Robert Z. Aliber introduces the concept that global financial crises in recent years are not independent events, but symptomatic of an inherent instability in the international system.

©2015 Robert Z. Aliber and Charles P. Kindleberger (P)2021 Upfront Books

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Information detail overload! Could be rearranged to common elements.

Information detail overload! Could be rearranged to common elements like for example a surge in easy credit always leads creditors not being able get new loans to pay off old loans.

Allowing financial companies to get around regional rule always lead to excess payment issues elsewhere which always came back to negatively affect the original country.

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Worst book I ever listen about the subjects mentioned

Not only that it repeats things 10 times ( that’s why it’s 14 hrs long ) it’s just dry fact book better listen to creature from Jekyll island - similar length but worth every second of your time

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Disappointing

I was excited to learn more on this subject but this turned out to be the most boring thing I have ever listened to.

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