"…pretty well the last word on the subject…" (Financial Times, 12 October 2002)

"what will strike the reader is the book's remarkable relevance to current events"... -- Sunday Times, 19 August 2001 --This text refers to the Paperback edition.

Product Description
Manias, Panics, and Crashes, Fifth Edition is an engaging and entertaining account of the way that mismanagement of money and credit has led to financial explosions over the centuries. Covering such topics as the history and anatomy of crises, speculative manias, and the lender of last resort, this book puts the turbulence of the financial world in perspective. The updated fifth edition expands upon each chapter, and includes two new chapters focusing on significant financial crises of the last fifteen years.