• This Time Will Be Different

In "This Time Is Different," Carmen M. Reinhart and Kenneth S. Rogoff offer a comprehensive look at the history of financial crises, demonstrating that financial collapses are a recurring phenomenon. They analyze historical data to identify patterns and warning signs, arguing that booms often lead to excessive debt and unsustainable practices. The book serves as a cautionary tale, urging readers to recognize the enduring nature of financial instability and to learn from past mistakes. It highlights the importance of prudent financial management and skepticism when assessing economic claims, especially those preceded by the phrase "this time is different."

• Author: Carmen M. Reinhart and Kenneth S. Rogoff
• Publisher: HarperCollins
• GTIN: 9780062473462