1st Edition
A History of Financial Crises Dreams and Follies of Expectations
1. Introduction 2. Tulip Mania 3. The Mississippi Bubble 4. The South Sea Bubble 5. Rationality, Fundamentals, and Prices: First Principles 6. Explaining Asset Price Bubbles and Banking Crises 7. Technological Revolutions and Speculation: 19th-century British Railways and Banks 8. The American Experience I: The Antebellum Era 9. The American Experience II: The Gilded Age 10. The Crash of 1929 11. Mighty Magic of the Market 12. The Conjuration of the Financial Markets 13. The 1980s: Financial Capitalism Unchained 14. The 1990s: The Triumph of Financial Capitalism 15. The Latest Act: Sub-prime Mortgages and Derivatives 16. The Latest Act: The Crash of the 2000s 17. Two Legacies of the Subprime Sinkhole
Biography
Cihan Bilginsoy is Professor of Economics, University of Utah, USA.
"Bilginsoy’s A History of Financial Crises is an impressive marshaling of the history of theory to carry forward a narrative of repeated financial crises and economists’ analyses of them. Bilginsoy offers thorough and illuminating accounts of famous "bubbles" throughout Western history, beginning with the Dutch tulip mania of the seventeenth century and continuing through the financial crisis set off by the American real estate collapse in 2007."
Kevin Schmiesing, Acton Institute, USA
