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Foreword -- Robert M. Solow -- Introduction -- Financial crises: a hardy perennial -- The anatomy of a typical crisis -- Speculative manias -- Fueling the flames : the expansion of credit -- The critical stage : when the bubble is about to pop -- Euphoria and paper wealth -- Bernie madoff :...
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The financial crisis that started in 2007 is a concern for the world. Some countries are in depression and governments … uncontrollable, fragile world of finance and explains the 'panics' of traders and 'immoral panics' in banking, 'confidence' of …
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, Panics, and Crashes puts the turbulence of the financial world in perspective. Charles P. Kindleberger was the Ford Professor …
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