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This Time is Different - Eight Centuries of Financial Folly (2009) by Carmen M. Reinhart; Kenneth S. Rogoff is a nonfiction available to read on EtoBox.

What is This Time is Different - Eight Centuries of Financial Folly (2009) about?

Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, __This Time Is Different__ presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned. Using clear, sharp analy

Who reads This Time is Different - Eight Centuries of Financial Folly (2009)?

Author

Carmen M. Reinhart; Kenneth S. Rogoff

Publisher

Princeton University Press

Published

2009

Language

EN

ISBN

9780691152646

Category

nonfiction

Subjects

History, Business, Finance

Rating

3.78 / 5 (4,852 ratings)

Updated

2026-03-14