This Time Is Different

by Carmen M. Reinhart, Kenneth S. Rogoff

The acclaimed New York Times bestselling history of financial crises Throughout history, rich and poor countries alike have been lending, borrowing, crashing, and recovering their way through an extraordinary range of financial crises. Each time, the experts have chimed, “this time is different”—claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth

ISBN: 9781400831722

512 pages

Published: 2009-09-11

Publisher: Princeton University Press

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