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This Time is Different: Eight Centuries of Financial Folly
This Time is Different Eight Centuries of Financial Folly
Author: Carmen M. Reinhart, Kenneth Rogoff
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 d...  more »
ISBN-13: 9780691142166
ISBN-10: 0691142165
Publication Date: 9/30/2009
Pages: 496
Rating:
  • Currently 4.5/5 Stars.
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4.5 stars, based on 1 rating
Publisher: Princeton University Press
Book Type: Hardcover
Other Versions: Paperback, Audio CD
Members Wishing: 7
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reviewed This Time is Different: Eight Centuries of Financial Folly on + 21 more book reviews
Ric Edelman (www.ricedelman.com) calls this book an incredibly well researched and very important book on economics. He also called it "a geeky read" :-) The authors researched previous booms and busts and say that the phrase "this time is different" is the most often used justification for irrational economic behavior - and that that justification is never correct.


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