“This Time is different: Eight Centuries of Financial Folly” by Carmen Reinhart and Kenneth Rogoff is an exhaustive econometric analysis of eight centuries of financial crisis. It reads as an extended economic paper where terms and methodologies are defined at length, other economic paper quoted and data treated with rigor. The value of the book [...]
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DISAPPOINTING “THIS TIME IS DIFFERENT”
Posted in BOOK REVIEW, tagged crisis, double dip, market direction, Reinhart, Rogoff, Sovereign default, Sovereign risk, time is different on September 9, 2010 | Leave a Comment »