Manias, Panics, and Crashes - Charles P. Kindleberger

"Sometime in the next five years you may kick yourself for not reading and rereading Kindlebergers Manias, Panics, and Crashes." Paul A. Samuelson, Institute Professor Emeritus, Massachusetts Institute of Technology

"One never picks up a work by Charles Kindleberger without anticipating a feast of entertainment. But underneath the hilarious anecdotes, the elegant epigrams, and the graceful turns of phrase, Kindleberger is deadly serious. The manner in which human beings earn their livings is no laughing matter to him, especially when they attempt to do so at the expense of one another."
from the Foreword by Peter L. Bernstein, author of Against the Gods and The Power of Gold

Praise for Manias, Panics, and Crashes

"Classic. . . . Manias, Panics, and Crashes is a durable guide to meditation: wise, witty, and practical. It is a template against which to measure the latest financial crisis whatever and whenever that happens to be."
David Warsh, Boston Globe

"Definitive."
Floyd Norris, New York Times

"Menacing..."
The New Yorker

"[Manias, Panics, and Crashes] is a scholarly account of the way that mismanagement of money and credit has led to financial explosions over the centuries." Richard Lambert, Financial Times

"This book sparkles with the best of Kindlebergers wit, insight, and passion for financial history. A real delight." Robert Z. Aliber, Professor of International Economics and Finance, University of Chicago, Graduate School of Business

"What long has been the best history of financial pathologies is now even better. The reader who absorbs Kindlebergers lessons will be prepared to foresee and navigate the financial crises that surely lie ahead. Like a true classic, Manias, Panics, and Crashes is both timely and timeless."
Richard Sylla, Kaufman Professor of Financial History, Stern School of Business, New York University