Eight Centuries of Financial Folly
by
Carmen M. Reinhart, Kenneth Rogoff
Language: English
Release Date: September 11, 2009
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...