This Time is Different

Publish Date: 07-08-2011

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Source: Princeton University Press

Author(s): Carmen M. Reinhart Kenneth S. Rogoff

Type: Book

Synopsis: 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 that the new situation bears little similarity to past disasters.

Public Link: https://www.economist.com/media/pdf/this-time-is-different-reinhart-e.pdf

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