The Woodward Report: The Boom & Bust Boomerang

Kenneth S. Rogoff discusses his book, This Time is Different: Eight Centuries of Financial Folly and talks about why the financial crisis will happen again.(Kenneth S. Rogoff, Carmen M. Reinhart, IMF, financial crisis, This Time is Different, The Woodward Report )

It is not everyday that a book analyzing the quantitative history of financial crises becomes a bestseller, but Kenneth S. Rogoff's latest book has done just that. Rogoff and Co-Author Carmen M. Reinhart have collected data from all over the world and a period spanning 800 years in this masterpiece of modern economic literature. Their data shows that crises are both cyclical and, to a large degree, predictable.

We caught up with Rogoff in Copenhagen, who told us that work on the book began long before the sub-prime financial crisis began to roll and that there is every reason to believe another crisis is on the way in the future. At least if you look at the data.
 
For those hoping to understand how to spot a looming crisis and better understand the repercussions of global economics, This Time is Different is a book for the ages - for scholars, investors and the intellectually curious.

For reviews and more on the book, visit the following links:
From The New York Times
From the Wall Street Journal
From BusinessWeek

Legal information

 

The Woodward Report: The Boom & Bust Boomerang

September 1, 2010 07:00 AM

It is not everyday that a book analyzing the quantitative history of financial crises becomes a bestseller, but Kenneth S. Rogoff's latest book has done just that. Rogoff and Co-Author Carmen M. Reinhart have collected data from all over the world and a period spanning 800 years in this masterpiece of modern economic literature. Their data shows that crises are both cyclical and, to a large degree, predictable.

We caught up with Rogoff in Copenhagen, who told us that work on the book began long before the sub-prime financial crisis began to roll and that there is every reason to believe another crisis is on the way in the future. At least if you look at the data.
 
For those hoping to understand how to spot a looming crisis and better understand the repercussions of global economics, This Time is Different is a book for the ages - for scholars, investors and the intellectually curious.

For reviews and more on the book, visit the following links:
From The New York Times
From the Wall Street Journal
From BusinessWeek

Legal information

Subscribe for comment updates

LATEST COMMENTS

hispanophileCarlos Your Spain is a wonderful varied country full of interesting successful and intelligent people. It is the... RogTy"Don Rickles' GPS Mocks The Internet": http://www.youtube.com/watch?v=KLpiKHMfBXw Featuring The Queen Of Makeu... Dr Isam NazerTHIS could be HELPFUL information for Bankers BUT not for poor customers .

The Senior Strategist: Yellen and Fed steals the spotlight

Fed Chairwoman Janet Yellen is giving her biannual speech to the Senate Tuesday. Investors will look for hints on when the Fed is likely to raise interest rates.
Watch video

Jyske Bank: Disappointing fourth quarter, yet historic results

Due to the falling interest-rate level, Jyske Bank somewhat surprisingly reported a loss of DKK 300m for the fourth quarter. However, the profit of...
Watch video

Record-low interest rates - for better or for worse

Denmark holds the world record in low interest rates. Why is that? And how does it affect you?
Watch video

The Senior Strategist: Greece sets the pace

The Eurogroup of finance ministers meets in Brussels monday to find a solution to the Greece’s bailout program.
Watch video

The Senior Strategist: Greece vs EU this weeks big theme

The new Greek government is playing hardball with the EU and calls for a renegotiation of the terms of the debt agreement with the ECB, IMF and EU....
Watch video

The Senior Strategist: Investors watching Greek election process

Equities are of to a negativ start Monday following Sundays Greek election where the euro skeptical parti Syriza was the big winner.
Watch video

The Senior Strategist: Focus moves to ECB

The Swiss central bank's decision to scrap its franc cap came in anticipation of the European Central Bank's likely adoption of quantitative easing...
Watch video
Favourites – Jyske Bank
Jyske Bank © 2008-2015