Migration preview: Browse the catalog and open free editions. Sign in with Cue to save books. Paid access requires confirmed Cue membership. Purchases are unavailable in this preview.

Cover of Manias, Panics, and Crashes
Psychology · 21 min

Manias, Panics, and Crashes

By Charles P. Kindleberger | Robert Z. Aliber | Robert N. McCauley

This episode reveals how financial crises are less about abstract economics and more about predictable human patterns of excitement, fear, and the enduring belief that 'this time is different.'

Membership status

This is a paid edition. Reading and listening remain locked while membership is being connected. You can browse free editions in this preview.

Listen
Audio edition
Read
Reading edition
Category
Psychology
Duration
21 min
An excerpt

“This episode reveals how financial crises are less about abstract economics and more about predictable human patterns of excitement, fear, and the enduring belief that 'this time is different.'”

— Charles P. Kindleberger | Robert Z. Aliber | Robert N. McCauley, Manias, Panics, and Crashes

What it is about

Financial cycles, market psychology, economic history

Who it is for

If you've ever wondered why financial history seems to repeat itself, this will sharpen your understanding of the human behaviors that drive market cycles and economic instability, and this will help you see what to do next.

The author

Charles P. Kindleberger, an economic historian and former State Department official, meticulously documented centuries of financial crises, revealing the enduring human patterns that transcend specific eras and technologies.

About the author

Charles P. Kindleberger | Robert Z. Aliber | Robert N. McCauley

View author readings →