'Here is a book to warm the cockles of George Santayana's heart. Can policy   makers and, especially, economists learn from their mistakes? If they can,   then they should start by reading Oliver and Aldcroft's gripping collection   of the great economic policy mistakes of the twentieth century.'- Barry   Eichengreen, University of California, Berkeley, USHow do we define   an economic disaster? A difficult question. Most centuries would claim that   they have had their share of disasters, but the twentieth century certainly   seems to have been more prone to them than the previous one. A number of   leading economists and economic historians assemble here to examine nine   key disasters with international or global implications. The First   and Second World Wars, the great depression, oil shocks, inflation,   financial crises, stock market crashes, the collapse of the Soviet command   economy and Third World disasters are discussed in this comprehensive book.   The contributors subject these disasters to in-depth assessment, carefully   considering their costs and impact on specific countries and regions, as   well as assessing them in a global context. The book examines the legacy of   economic disasters and asks whether economic disasters are avoidable or   whether policymakers can learn from their mistakes. The book will   appeal to a wide variety of social scientists, including those working in   economic history, international relations, international political economy   and geopolitics.

Economic Disasters of the Twentieth Century PDF

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