Eight Centuries of Financial Folly
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Book •
This book provides a comprehensive analysis of financial crises across eight centuries, revealing recurring patterns and offering insights into their causes and consequences.
The authors use historical data to challenge conventional economic models and highlight the importance of understanding historical context in financial decision-making.
The book emphasizes the cyclical nature of financial crises and the limitations of relying solely on short-term data.
It also explores the role of policy responses in shaping the severity and duration of crises.
"Eight Centuries of Financial Folly" is a crucial resource for economists, policymakers, and anyone interested in understanding the long-term dynamics of financial markets.
The authors use historical data to challenge conventional economic models and highlight the importance of understanding historical context in financial decision-making.
The book emphasizes the cyclical nature of financial crises and the limitations of relying solely on short-term data.
It also explores the role of policy responses in shaping the severity and duration of crises.
"Eight Centuries of Financial Folly" is a crucial resource for economists, policymakers, and anyone interested in understanding the long-term dynamics of financial markets.
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Paul Schmelzing as a revelatory book that influenced his approach to studying finance through a historical lens.
Paul Schmelzing as a revelatory book that influenced his approach to studying finance through a historical lens.
90: The 800 Year Decline in Interest Rates with Paul Schmelzing
