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This Time Is Different ? Eight Centuries of Financial Folly
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Located in: Rossendale, United Kingdom
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eBay item number:364856601074
Item specifics
- Condition
- Book Title
- This Time Is Different – Eight Centuries of Financial Folly
- Genre
- Economic history
- ISBN
- 9780691142166
- Publication Year
- 2009
- Type
- Textbook
- Format
- Hardcover
- Language
- English
- Publication Name
- This Time Is Different: Eight Centuries of Financial Folly
- Item Height
- 235mm
- Publisher
- Princeton University Press
- Item Width
- 152mm
- Subject
- Economics, Finance
- Item Weight
- 851g
- Number of Pages
- 512 Pages
About this product
Product Information
Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, this time is different --claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, This Time Is Different presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned. Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur. An important book that will affect policy discussions for a long time to come, This Time Is Different exposes centuries of financial missteps.
Product Identifiers
Publisher
Princeton University Press
ISBN-13
9780691142166
eBay Product ID (ePID)
88518421
Product Key Features
Publication Name
This Time Is Different: Eight Centuries of Financial Folly
Format
Hardcover
Language
English
Subject
Economics, Finance
Publication Year
2009
Type
Textbook
Number of Pages
512 Pages
Dimensions
Item Height
235mm
Item Width
152mm
Item Weight
851g
Additional Product Features
Country/Region of Manufacture
United States
Item description from the seller
Business seller information
Value Added Tax Number:
- GB 901578627
Seller assumes all responsibility for this listing.
eBay item number:364856601074
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