- Capa comum: 463 páginas
- Editora: Princeton University Press; Edição: Reprint (7 de setembro de 2011)
- Idioma: Inglês
- ISBN-10: 0691152640
- ISBN-13: 978-0691152646
- Dimensões do produto: 14 x 3,8 x 21,6 cm
- Peso de envio: 499 g
- Avaliação média: 1 avaliação de cliente
- Lista de mais vendidos da Amazon: no. 42,073 em Livros (Conheça o Top 100 na categoria Livros)
This Time Is Different: Eight Centuries of Financial Folly (Inglês) Capa Comum – 6 set 2011
|Novo a partir de||Usado a partir de|
|Prazo||Valor Mensal (R$)||Total (R$)|
|2x sem juros||R$ 31,17||R$ 62,34|
Livros em Oferta
Todos os dias, novos livros com desconto. Confira todos aqui.
Faça download dos Aplicativos de Leitura Kindle Gratuitos e comece a ler eBooks Kindle nos mais populares smartphones, tablets e computadores pessoais. Para enviar o link de download para seu smartphone por SMS, use o formato internacional sem espaços (Código Internacional+DDD+Número. Exemplo: +551199999999)
Para receber o link de download digite seu celular:
Veja todos os livros com desconto aqui
Detalhes do produto
Descrições do Produto
"This Time Is Different is a tremendously exciting, topical, and controversial book on the history of debt and default. This one belongs on everyone's shelf."--Barry Eichengreen, author of The European Economy since 1945
"This is quite simply the best empirical investigation of financial crises ever published. Covering hundreds of years and bringing together a dizzying array of data, Reinhart and Rogoff have made a truly heroic contribution to financial history. This single marvelous volume is worth a thousand mathematical models."--Niall Ferguson, author of The Ascent of Money: A Financial History of the World
"This Time is Different is terrific, for it gives just the perspective we need on the current world economic crisis. People can't expect to understand the current crisis without some in-depth look at past crises. That is exactly what this excellent and timely book provides."--Robert J. Shiller, author of Irrational Exuberance and coauthor of Animal Spirits
"You will be hard-pressed to find a more comprehensive and insightful analysis of financial crises. Reinhart and Rogoff's superb book is a must-read for anyone looking to understand past and present crises, as well as navigate those of tomorrow."--Mohamed El-Erian, author of When Markets Collide
"I would say that her [Carmen Reinhart's] book with Ken Rogoff on debt crises and financial crises is an extraordinary piece of work."--Federal Reserve Chairman Ben Bernanke, speaking before the House Budget Committee (6/9/2010)
"The most important authorities probably in the world now on financial crashes are Kenneth Rogoff and Carmen Reinhart. . . . And I read it [This Time is Different]."--Former President Bill Clinton, speech at Youngstown, OH, October 31, 2012
"A classic."--Nouriel Roubini
Sobre o Autor
Avaliação de clientes
Principais avaliações de clientes
Ocorreu um problema para filtrar as avaliações agora. Tente novamente mais tarde.
Avaliações mais úteis de consumidores na Amazon.com
Full of good meaty info, much of it the original research work of the two world renowned authors
Get it straight from the horses' mouths.
Historical fascinations - how many countries have defaulted on debt - my goodness?
And great, intelligent analysis and insights to get you thinking
How can we stop this from happening again? and again?
Which immediately makes me think . . .Would it even be right to stop all misery and hardship and human folly?
See what it does?
But seriously, this book could, if heeded, help to soften the impact of future financial crises . . .
Despite my misgivings, I do think the most valuable portion of the book (for me) was the last section which accumulated the information from past experience and applied it to the Great Recession. The book came out in 2009, so it doesn't have a great deal of information about how the late-2000s crisis turned out. Yet, the book does have a good deal of information about other major banking crises and how they ended. Obviously, this type of information is quite timely. And on this account, the current situation doesn't seem so bad, and there are signs for optimism. Major banking crises, apparently, typically raise unemployment by 7% and unemployment grows for 4.8 years, on average. The US unemployment rate (U1) rose from around 4% to 10%, about average, but unemployment has grown for only around two years. Much of this is probably due to systemic causes, but it does undercut almost all of the standard Republican-party economic voodoo, and the deranged `expansionary austerity' that has hurt much of Europe. There's a lot of analysis like this, and with a lot of the recent good economic news, it's interesting to see how that stacks up compared with past crises.
The book's most valuable message conveys is broader than just a technical comparison of the present with the past, but is apparent from the book's title: the past does repeat itself, and did so in 2007. The Great Recession was unique in certain ways, but followed a very particular pattern and carried numerous warning signs. Yet, as with many historical crises, the people in positions of power, contrary to a lot of the demonizing rhetoric heaped upon banks, regulators, politicians, etc., seem to have disregarded this history, took up the kool-aid, and really believed that this time was different. Yet, this time wasn't different, and it's folly to expect that in the future, that time will be anything but the same.