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Markets in Chaos – past is not prologue

Book review: Markets in Chaos

    • A view of the Financial District, New York. Cheap money leads to financial excess. Does no one learn?
    • A view of the Financial District, New York. Cheap money leads to financial excess. Does no one learn? PHOTO: REUTERS
    Marc L Ross
    Published Fri, Jun 7, 2024 · 10:00 AM

    SHOULD history teach or merely inform? This question lies at the heart of Markets in Chaos, a broad yet succinct historical overview of macroeconomic crises around the world and across time.

    No mere exposition of financial market ructions in such places as Weimar Germany or Japan in the 1990s, this volume studies the mechanics of market disruptions in depth, with a view towards educating the reader and investor.

    The writing is clear, and the case studies are well researched. The author’s discussion and analyses are not only instructive but also relevant. Many of the events reviewed will be familiar to finance and investment professionals.

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