Manias, Panics, and Crashes (Seventh Edition)

A History of Financial Crises

By: Robert Z. Aliber, Charles P. Kindleberger

Narrated by: Alister Austin

Manias, Panics, and Crashes is a scholarly 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 hailed as "a true classic...both timely and timeless".

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 an inherent instability in the international system.

©2015 Robert Z. Aliber and Charles P. Kindleberger (P)2021 Upfront Books

A Financial Manual

Great book. Definitely goes deep into the topics. Over my head at times and occasionally repetitive but still a great read and worth reviewing in times of financial turmoil.

Most comprehensive book on the subject matter

I read over a hundred books the global financial system. This book is my favorite. It provides deep insight on the real drivers that the investment community does not comment on.

Long and erratic

The book is very Long and very erratic. Jumps on different centuries with the same paragraph. Repeating stuff.

A classic, but not an easy classic

This is a classic. The book on history of financial crises. All stages of a crisis are beautifully explained and generalized. Having said that, this is not an easy listen. Not really a book you want to run an extra lap to finish a chapter.

Way over my head

Some pieces of it were really good but was way too verbose and complicated for me