Manias, Panics and Crashes: A History of Financial Crises.

KINDLEBERGER, Charles P.

$500.00

Item Number: 146114

New York: Basic Books, 1978.

First edition of the author’s classic work. Octavo, original cloth. Fine in a very good dust jacket. Jacket design by Vincent Torre. Uncommon.

Selected as one of the best investment books of all time by the Financial Times, Manias, Panics and Crashes puts the turbulence of the financial world in perspective. "Underneath the hilarious anecdotes, the elegant epigrams, and the graceful turns of phrase, Kindleberger is deadly serious. The manner in which humans beings earn their livings is no laughing matter to him, especially when they attempt to do so at the expense of one another. As he so effectively demonstrates, manias, panics, and crashes are the consequence of an economic environment that cultivates cupidity, chicanery, and rapaciousness rather than a devout belief in the Golden Rule" (Peter L. Bernstein).