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One striking weaknesses of our financial architecture, which helped bring on and perhaps deepen the Panic of 2008, is an inadequate appreciation of the past. In
A Brief History of Doom
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Type: BOOK - Published: 2019-03-25 - Publisher: University of Pennsylvania Press

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Financial crises happen time and again in post-industrial economies—and they are extraordinarily damaging. Building on insights gleaned from many years of wor
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"Once-in-a-lifetime" financial crises have been a recurrent part of life in the last three decades. It is no longer possible to dismiss or ignore them as aberra
A Critical History of Financial Crises
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"While each financial crisis is unique and has its own special features, there are a lot of similarities in the dynamics leading to a crisis and also in their r
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WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intellig