Book. Manias, Panics, and Crashes by Charles Kindleberger

Manias, Panics, and Crashes: A History of Financial Crises by Charles P. Kindleberger

The book is an interesting account of financial cycles over the centuries.

Kindleberger covers a broad range of topics, such as:

  • the history of crises,
  • the anatomy of crises,
  • credit expansion and speculative manias,
  • central banking and financial crises,
  • the international lender of last resort.

The full text of the book is available at,Panics,andCrashes.pdf


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