In this magisterial account of the Great Depression, MIT economist Charles Kindleberger emphasizes three factors that continue to shape global financial markets: panic, the power of contagion, and importance of hegemony. Reissued on its fortieth anniversary with a new foreword by Barry J. Eichengreen and J. Bradford DeLong, this masterpiece of economic history shows why U.S. Treasury Secretary Lawrence Summers, during the darkest hours of the 2008 global financial crisis, turned to Kindleberger and his peers for guidance.
- ISBN10 0520275853
- ISBN13 9780520275850
- Publish Date 7 January 2013 (first published 22 April 1986)
- Publish Status Active
- Out of Print 12 March 2021
- Publish Country US
- Imprint University of California Press
- Edition 40th Anniversary ed.
- Format Paperback (US Trade)
- Pages 344
- Language English