The Great Crashes

In the last century, financial crises have sent shockwaves through our world one after another. It is time for us to learn from them. In economics, there is very little that is certain, except this: there will be another financial crisis. While we may not be able to prevent the next one, we can predict and contain it. "The Great Crashes" tells the stories of ten historical financial events – from the Wall Street Crash and the dot-com boom and bust to the COVID pandemic – and what we can learn from them. With her clear analysis and engaging narrative, renowned economist Professor Linda Yueh uses these collapses to develop a critical three-step framework that helps us recognize the early signs of a crash, mitigate the impacts, and even prevent them in the future. It is a book that offers urgent lessons for the modern world. An important contribution that can help society foresee and address potential crises in the future.