Barry Eichengreen
Author
Publisher
Oxford University Press
Pub. Date
2014
Description
The two great financial crises of the past century are the Great Depression of the 1930s and the Great Recession, which began in 2008. Both occurred against the backdrop of sharp credit booms, dubious banking practices, and a fragile and unstable global financial system. When markets went into cardiac arrest in 2008, policymakers invoked the lessons of the Great Depression in attempting to avert the worst. While their response prevented a financial...
Author
Publisher
Oxford University Press
Pub. Date
2015.
Description
"A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--
"The Great Depression and the Great Recession are the two great economic crises of the past hundred years. While there are accounts of both episodes, no one has yet attempted a sustained comparative analysis. In Hall of Mirrors, Barry Eichengreen draws on his unparalleled expertise for a brilliantly conceived dual-track account...