Wiley Investment Classics: Manias, Panics, and Crashes

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This updated version of Charles P. Kindleberger's celebrated classic takes reader through virtually every major crash and financial panic on record. From the currency devaluation in the Holy Roman Empire in 1618, through the California gold rush of the 1840s and 50s, all the way up to the crash of 1987 and last year's Peso devaluation, this engaging, lively, and exhaustive account offers a number of fascinating insights into why, despite the best efforts of economists to predict them and regulators to curtail them, market crashes remain an inexorable reality. Selected as one of the ten best investment books of all time by the Financial Times. Updated to include coverage of the 1992 Sterling crisis, the Japanese boom and bust of 1988-90, and the wild fluctuations in the bond markets.