Manias, Panics, and Crashes

By Charles P. Kindleberger, Robert Z. Aliber, Robert N. McCauley

Book cover of Manias, Panics, and Crashes: A History of Financial Crises

Book description

In the Eighth Edition of this classic text on the financial history of bubbles and crashes, Robert McCauley joins with Robert Aliber in building on Charles Kindleberger's renowned work. McCauley draws on his central banking experience to introduce new chapters on cryptocurrency and the United States as the 21st Century…

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Why read it?

1 author picked Manias, Panics, and Crashes as one of their favorite books. Why do they recommend it?

Sometimes the obvious pick is still the right pick, and anyone interested in the history of financial shenanigans – outright frauds or merely weapons-grade idiocy – has to read Kindleberger.

There’s a reason why it remains a stone-cold classic that bears reading (and re-reading) almost half a century after it was first published. 

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