Lessons from 800 years of economic crises

Wednesday, February 04, 2009

Our current economic crisis isn’t the first crisis in history or even in recent memory and it most likely won’t be the last. But can events of the past teach us something this time around? To help answer that question, we are joined by Carmen Reinhart, a professor of economics at the University of Maryland and co-author of the forthcoming book “This Time is Different: Eight Centuries of Financial Folly.”

"Expecting a swift turnaround would be leaving one's self open for an unpleasant surprise."
— Carmen Reinhart, professor of economics at the University of Maryland, on the current economic crisis

Guests:

Carmen Reinhart

Hosted by:

Alvin Hall

Contributors:

Noel King

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