Description:
Editorial Reviews
Reviews:
5.0 out of 5 stars Great read!
Complete, interesting, informative.History does not repeat but it rymes.May God help us be ready for the next big crisis.As of November 2024, the wise Warren Buffett is full of cash. Wise indeed.
5.0 out of 5 stars Great book
Interesting take on China's property market and the role of the fed in the early 21st century. Worth reading the latest version.
3.0 out of 5 stars For Insiders Only
Don't buy this unless you are very steeped in finance and macroeconomics. This is for insiders. You can be fairly knowledgeable in these areas yet most of this will sail over your head. If you're looking for theory and general principles this isn't the book. This is highly detailed, a virtual encyclopedia.
1.0 out of 5 stars waste of money
waste of money
5.0 out of 5 stars Convincing on mania-crisis financial cycles and helpful to predict them
This book is a theoretical, historical and practical take on Minsky's model of financial crisis and instability. It starts by logically explaining in a simple manner cyles of A) mania, euphoria and speculation linked to credit expansion, falling into, once the first insiders start to sell and profit big B) a stamped of folks trying to cash out, panic that will eventually lead to a big crash/bubble burst. The authors explain that this happens because more often than not when people buy anything with hopes of getting a profit, from dutch tulips in the past to modern foreign imports, they do so on the basis of recent increases in prices and anticipating that such prices will continue to increase as more people join the frenzy. This is contrarian to Prudent/value investors who invest based on the estimates of the earning power of the asset. If all were prudent then behavior would be less prone to feed the manias. These spiraling prices eventually come down and burst suddenly in timings not easy to predict. However, the book's helpful many historical and data driven reports of such financial cycles equip you to understand at least better than average whether you find yourself in such a cycle and in which part. For example, when buying a house or a stock. The writing style of the book is a bit tedious but the book chapters are well and logically organized: first describing the Minsky model, then the mania part and implications, subsequently moving to crisis and implications. Plus, specifical historical situations and examples all the way to bitcoin and fed recent examples where the whole cycle is described in that situation. What is interesting and most telling of it all as a predictive model/tool is that the book was published just a bit (weeks) before the Sillicon Valley Bank collapse. Nevertheless, the SVB example could fit into many of the book's paragraph about what happens in such banking collapses. Nothing new under the sun except for those who dont read or know history and hence repeat its mistakes.
Superficial
Superficial, no profundiza en las ideas ni expone una visión concreta, sino una mezcolanza de teorías
A great overview of capital cycles through history
If you want a great book to start from if your interested in economic history this is a great place to start. From the South Sea Bubble to the 2008 Great Financial Crisis the book shows how these occur and will always occur.
Great text
The book provides a thorough historical review of financial crises in several national and international contexts, and amongst others, the role of central banks, supported with critical observations and an overall framework for analysing financial crises and bubbles.Excellent, highly informative, thought provoking read.
Visit the Palgrave Macmillan Store
Manias, Panics, and Crashes: A History of Financial Crises
AED22692
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Visit the Palgrave Macmillan Store
Manias, Panics, and Crashes: A History of Financial Crises
AED22692
Quantity:
Order today to get by 7-14 business days
This item qualifies for free delivery
Imported From: United States
At BOLO, we work hard to ensure the products you receive are new, genuine, and sourced from reputable suppliers.
BOLO is not an authorized or official retailer for most brands, nor are we affiliated with manufacturers unless specifically stated on a product page. Instead, we source verified sellers, authorized distributors or directly from the manufacturer.
Each product undergoes thorough inspection and verification at our consolidation and fulfilment centers to ensure it meets our strict authenticity and quality standards before being shipped and delivered to you.
If you ever have concerns regarding the authenticity of a product purchased from us, please contact Bolo Support. We will review your inquiry promptly and, if necessary, provide documentation verifying authenticity or offer a suitable resolution.
Your trust is our top priority, and we are committed to maintaining transparency and integrity in every transaction.
All product information, images, descriptions, and reviews originate from the manufacturer or from trusted sellers overseas. BOLO is not affiliated with, endorsed by, or an authorized retailer for most brands listed on our website unless stated otherwise.
While we strive to display accurate information, variations in packaging, labeling, instructions, or formulation may occasionally occur due to regional differences or supplier updates. For detailed or manufacturer-specific information, please contact the brand directly or reach out to BOLO Support for assistance.
Unless otherwise stated, all prices displayed on the product page include applicable taxes and import duties.
BOLO operates in accordance with the laws and regulations of United Arab Emirates. Any items found to be restricted or prohibited for sale within the UAE will be cancelled prior to shipment. We take proactive measures to ensure that only products permitted for sale in United Arab Emirates are listed on our website.
All items are shipped by air, and any products classified as “Dangerous Goods (DG)” under IATA regulations will be removed from the order and cancelled.
All orders are processed manually, and we make every effort to process them promptly once confirmed. Products cancelled due to the above reasons will be permanently removed from listings across the website.
Description:
Editorial Reviews
Reviews:
5.0 out of 5 stars Great read!
Complete, interesting, informative.History does not repeat but it rymes.May God help us be ready for the next big crisis.As of November 2024, the wise Warren Buffett is full of cash. Wise indeed.
5.0 out of 5 stars Great book
Interesting take on China's property market and the role of the fed in the early 21st century. Worth reading the latest version.
3.0 out of 5 stars For Insiders Only
Don't buy this unless you are very steeped in finance and macroeconomics. This is for insiders. You can be fairly knowledgeable in these areas yet most of this will sail over your head. If you're looking for theory and general principles this isn't the book. This is highly detailed, a virtual encyclopedia.
1.0 out of 5 stars waste of money
waste of money
5.0 out of 5 stars Convincing on mania-crisis financial cycles and helpful to predict them
This book is a theoretical, historical and practical take on Minsky's model of financial crisis and instability. It starts by logically explaining in a simple manner cyles of A) mania, euphoria and speculation linked to credit expansion, falling into, once the first insiders start to sell and profit big B) a stamped of folks trying to cash out, panic that will eventually lead to a big crash/bubble burst. The authors explain that this happens because more often than not when people buy anything with hopes of getting a profit, from dutch tulips in the past to modern foreign imports, they do so on the basis of recent increases in prices and anticipating that such prices will continue to increase as more people join the frenzy. This is contrarian to Prudent/value investors who invest based on the estimates of the earning power of the asset. If all were prudent then behavior would be less prone to feed the manias. These spiraling prices eventually come down and burst suddenly in timings not easy to predict. However, the book's helpful many historical and data driven reports of such financial cycles equip you to understand at least better than average whether you find yourself in such a cycle and in which part. For example, when buying a house or a stock. The writing style of the book is a bit tedious but the book chapters are well and logically organized: first describing the Minsky model, then the mania part and implications, subsequently moving to crisis and implications. Plus, specifical historical situations and examples all the way to bitcoin and fed recent examples where the whole cycle is described in that situation. What is interesting and most telling of it all as a predictive model/tool is that the book was published just a bit (weeks) before the Sillicon Valley Bank collapse. Nevertheless, the SVB example could fit into many of the book's paragraph about what happens in such banking collapses. Nothing new under the sun except for those who dont read or know history and hence repeat its mistakes.
Superficial
Superficial, no profundiza en las ideas ni expone una visión concreta, sino una mezcolanza de teorías
A great overview of capital cycles through history
If you want a great book to start from if your interested in economic history this is a great place to start. From the South Sea Bubble to the 2008 Great Financial Crisis the book shows how these occur and will always occur.
Great text
The book provides a thorough historical review of financial crises in several national and international contexts, and amongst others, the role of central banks, supported with critical observations and an overall framework for analysing financial crises and bubbles.Excellent, highly informative, thought provoking read.
Similar suggestions by Bolo
More from this brand
Similar items from “Political Economy”
Share with
Or share with link
https://www.bolo.ae/products/U303116007K