Manias, panics, and crashes: a history of financial crises

Foreword / Robert M. Solow

Financial crisis : a hardy perennial

The anatomy of a typical crisis

Speculative manias

Fueling the flames : the expansion of credit

The critical stage : when the bubble is about to pop

Euphoria and paper wealth

Bernie Madoff : frauds, swindles, and the credit cycle

International contagion 1618-1930

Bubble contagion : Mexico City to Tokyo to Bangkok to New York, London and Reykjavik

Policy responses : benign neglect, exhortation, and bank holidays

The domestic lender of last resort

The international lender of last resort

The Lehman panic : an avoidable crash

The lessons of history

Epilogue 2010-2020.