Notes on "This time is different : eight centuries of financial folly" (Carmen M. Reinhart, Kenneth S Rogoff)

This time is different : eight centuries of financial folly

Authors: Carmen M. Reinhart, Kenneth S Rogoff
Princeton, NJ ; Woodstock : Princeton University Press  c2009


• Grounded in a quantitative and historical analysis of crises
• Inflation and currency crisis
• History of financial crises
• Debt intolerance is a syndrome in which weak institutional structures and a problematic political system make external borrowing a tempting device for governments to employ to avoid hard decisions about spending and taxing
• Record a global database on financial crisis with a long-term view
• From 1720s until now
• Concentrate at the 20th century and later