Since the time of the birth of capitalism in Medieval Europe, financial bubbles and crashes has been all too well known. But why do they occur – and how?
From the bankruptcies of popes and kings, via the tulips of the Netherlands, the railways of America, and the matches of Kreuger, to Lehman Brothers – this books unfolds the intricate connections between local and global actors, heroes and villains, states and companies, short-term and long-term analysis that have fostered the dramatic fluctuations of the financial history. And if history can teach us anything, it is that the future seems darker than ever.
Not only a history of bubbles and crashes, professor Magnusson’s book also gives the reader a condensed history of the financial and economic world.
Finanskrascher - Från kapitalismens födelse till Lehman Brothers
Natur & Kultur
Swedish manuscript (final)