Charles P. Kindleberger – ‘Manias, Panics & Crashes’
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Charles P. Kindleberger is one of the few outstanding legendary economists, those who make their points in paper rather than through long equations that depend on doubtful assumptions. As a result, his work becomes very easy to get, even though it is as precise as it can probably be while still remaining a well-liked work. If you are paying attention in how the author will possibly handle the financial weakness that goes after the year 2000 collapse of the Internet stocks, this book is a first-class guide. This book is well written and the reader scarcely notices that the journey covers centuries’ worth of financial troubles.
In this book, the author has added helpful perspectives on the Mexican and Asian financial crises of the 1990s and accustomed his understanding to permit for more separation among crises than he did before. I found this publication by far the most pleasing of the four he has written.
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