Book Reviews › Money › Manias, Panics, and Crashes
Honest review · Money
Manias, Panics, and Crashes
by Charles P. Kindleberger and Robert Z. Aliber
The classic history of financial crises and their recurring pattern: displacement, boom, euphoria, distress, panic. Dense and indispensable.
Read it if…
you want the anatomy of every bubble.
See the book →
Skip it if…
you want a light read.
Try instead: The Quants →
Three things you will actually use
- Crises rhyme.
- Credit expansion fuels manias.
- Expect the panic.
Do this first
Read the chapter on the anatomy of a typical crisis.
Our verdict
Anatomy of financial crises.
See the book →
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