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 :...

This seventh edition of an investment classic has been thoroughly revised and expanded following the latest crises to hit international markets. Renowned economist Robert Z. Aliber introduces the concept that global financial crises in recent years are not independent events, but symptomatic of...

1: Financial Crises: a Hardy Perennial -- 2: The Anatomy of a Typical Crisis.-3: Speculative Manias -- 4: Fueling the Flames: the Expansion of Credit -- 5: The Critical Stage – When the Bubble Is About To Pop -- 6: Bernie Madoff: Frauds, Swindles, and the Credit Cycle -- 7: Domestic Contagion:...

"[A] magnificent history of money and finance."--New York Times Book Review“Convincingly makes the case that finance is a change-maker of change-makers.”--Financial TimesIn the aftermath of recent financial crises, it's easy to see finance as a wrecking ball: something that destroys fortunes...

"Manias, Panics and Crashes, is a vivid and entertaining account of the way that mismanagement of money and credit has led to financial explosions over the centuries. Covering such topics as the history and anatomy of crises, speculative manias, and the lender of last resort, this book has been...

Acknowledgments -- Introduction -- Creditworthiness and credit risks -- Between promise and peril : credit and debt at the pearl fisheries of South India and Sri Lanka, c. 1800 / Sam Ostroff -- Lenders and borrowers in a non-capitalist economy : Rio de Janeiro in the early nineteenth century /...