This Time Is Different: Eight Centuries of Financial Folly
Carmen M. Reinhart, Kenneth S. Rogoff, Joanne J. Myers
October 22, 2009Get the Flash Player to see this player.
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Financial crises are not random events, say Reinhart and Rogoff. Looking at the the data on boom and bust cycles that have occurred over the past 800 years, a clear pattern emerges. Why can't we learn from history?
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