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This Time is Different

This Time is Different

Eight Centuries of Financial Folly
By,&
Business & EconomicsFinance
Published
2009
Language
English

Synopsis

This Time Is Different examines eight centuries of financial crises, from medieval currency debasements to modern subprime collapses. Through extensive historical data, the authors reveal patterns of boom and bust, showing that financial crises are a recurring feature of economic history. The book argues that policymakers and investors often ignore these historical lessons, believing 'this time is different,' leading to predictable and devastating outcomes.

Prose complexity
10/10

Vibe

InformativeIntellectualComplex

Genres

Business & Economics Finance

Authors

C
Carmen Reinhart

Carmen Reinhart is a prominent economist recognized for her deep analysis of financial crises. Her essential work, This Time is Different, co-authored with Kenneth Rogoff, explores the history of economic collapses across centuries. She provides vital perspectives on global financial stability.

K
Kenneth S. Rogoff

Kenneth S. Rogoff is an economist whose work often focuses on international economics and macroeconomics. He is known for co-authoring "This Time is Different" and his contributions to publications like the "NBER Macroeconomics Annual 2002." His writing provides clear perspectives on global economic trends.