This Time Is Different: Eight Centuries of Financial Folly
This Time Is Different: Eight Centuries of Financial Folly

This Time Is Different: Eight Centuries of Financial Folly

Oct 30, 2009

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Financial crises are not random events, say Carmen Reinhart and Kenneth Rogoff. Looking at the the data on boom and bust cycles that have occurred over the past 800 years, a clear pattern emerges. Why can't we learn from history?

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