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This Time Is Different : Eight Centuries of Financial Folly by Reinhart, Carmen M., Rogoff, Kenneth S. is a business book available to read on EtoBox.

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A comprehensive look at international financial crises that puts more recent economic meltdowns into perspective 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 i

Who reads This Time Is Different : Eight Centuries of Financial Folly?

Author

Reinhart, Carmen M., Rogoff, Kenneth S.

Publisher

Princeton University Press

Published

2011

Language

EN

ISBN

9780691152646

Category

business

Subjects

Finance, Business, History

Rating

3.78 / 5 (4,852 ratings)

Updated

2026-03-14