This sixth edition has been revised and expanded to bring the history of financial crisis up to date, covering such topics as speculative manias, the lender of last resort and the case of Lehman Brothers. This highly anticipated volume has been hailed as 'a true classic...both timely and timeless.'
CHARLES P. KINDLEBERGER was the Ford Professor of Economics at MIT for 33 years. He was a financial historian and prolific writer who published 30 books. ROBERT Z. ALIBER Professor of International Economics and Finance Emeritus at the University of Chicago Booth School of Business, USA. He writes extensively about currencies and international monetary issues.