Offers an account of the way that mismanagement of money and credit has led to financial explosions over the centuries. This book covers topics such as the history and anatomy of crises, speculative manias, and the lender of last resort.
Charles P. Kindleberger was the Ford Professor of Economics at MIT for thirty-three years. He is a financial historian and prolific writer who has published over thirty books. Manias, Panics, and Crashes is his most popular book. ROBERT ALIBER is a Professor of International Economics and Finance at the University of Chicago Graduate School of Business, where he has been a faculty member since 1965.