This Time is Different: Eight Centuries of Financial Folly
By Carmen Reinhart & KennethRogoff
Rrinceton University Press, 2009, 496 pages
Review by Barry Healy
Australia has had a lucky escape from the Global Financial Crisis (GFC) our noble leaders and economic pundits tell us.
Not so, says 800 years of economic experience assembled in This Time Is Different: Eight Centuries of Financial Folly.