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Brent Nyitray

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  • Crashes and Crises: Lessons from a History of Financial Disasters

  • By: Connel Fullenkamp, The Great Courses
  • Narrated by: Connel Fullenkamp
  • Length: 11 hrs and 16 mins
  • Unabridged
  • Overall
    4.5 out of 5 stars 99
  • Performance
    4.5 out of 5 stars 86
  • Story
    4.5 out of 5 stars 86

Professor Connel Fullenkamp of Duke University guides listeners through four centuries of economic disasters - from tulip mania in the 1600s to the Great Recession of 2007-2009. Each of his 24 lectures covers a notable incident of financial misfortune or folly that is worthy of a Hollywood thriller.  

  • 5 out of 5 stars
  • Great but very modern

  • By Donald on 10-28-18

Entertaining read about financial follies

Overall
4 out of 5 stars
Performance
5 out of 5 stars
Story
4 out of 5 stars

Reviewed: 11-18-18

Entertaining description of the history of financial bubbles. The author is an academic and regulator, so he is very sympathetic of the government, who's only fault is that they sometimes get too cozy with those shysters in the private sector. He quickly brushes past any discussion of how governmental social engineering via the asset markets played a part in the real estate bubble. Too-easy monetary policy is brought up several times, but the cause of that - Congress's dual mandate that requires the Fed to minimize unemployment subject to managing CPI inflation is never mentioned.

If you are a free-market type, you'll roll your eyes at some of his takes, but still it is a very entertaining and well-thought out book.