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Awards
OverviewFull Product DetailsAuthor: Barry Eichengreen (Professor of Economics and Political Science, Professor of Economics and Political Science, UC-Berkeley)Publisher: Oxford University Press Inc Imprint: Oxford University Press Inc Dimensions: Width: 15.70cm , Height: 4.10cm , Length: 23.60cm Weight: 0.975kg ISBN: 9780199392001ISBN 10: 0199392005 Pages: 520 Publication Date: 22 January 2015 Audience: College/higher education , Professional and scholarly , Tertiary & Higher Education , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: To order  Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsReviewsThe Great Depression was the signal economic event of the 20th century and, we hope, the Great Recession will be the signal event of the 21st. Few people on earth can draw out the similarities and differences as well as Barry Eichengreen, who paints with equal facility in broad strokes and in fascinating detail. Reading Hall of Mirrors is a joy. Keeping it on your bookshelf for future reference is a necessity. --Alan Blinder, author of After the Music Stopped Historical analogies come cheap, but historical insight relevant to today is both rare and valuable. Barry Eichengreen's Hall of Mirrors is packed with the essential insights that give the reader understanding of the macro policy mistakes of the 1930s and the 2000s, both why they occurred and how devastating they were. A must-read. --Adam S. Posen, President, Peterson Institute for International Economics Much of modern economics has ignored the study of economic history. Barry Eichengreen's Hall of Mirrors shows why that is a huge mistake. Combining fascinating narrative detail with cogent analysis of the relevant theory, it illuminates crucial parallels and differences between the causes of and policy response to the Great Depression and the Great Recession. It illustrates how good historical analysis must inform current policy choices, but also how superficial historic analogy can lead us astray. It carries powerful implications for the policies still needed to drive continued recovery from the Great Recession, and to stop us repeating in future the mistakes which led to disaster in the past. --Adair Turner, Senior Fellow, Institute for New Economic Thinking Eichengreen the economist joined forces with Eichengreen the historian to produce a truly unique book that revisits the past in the light of current discussions and examines present issues in the light of past experience. Eichengreen demonstrates forcefully how important-but also how difficult-it is to learn from history. A must-read for all students of the global crisis but also for everyone interested in understanding why experience is no guarantee against policy errors. --Jean Pisani-Ferry, Professor, Hertie School of Governance (Berlin) and Commissioner-General for Policy Planning (Paris) The Great Depression was the signal economic event of the 20th century and, we hope, the Great Recession will be the signal event of the 21st. Few people on earth can draw out the similarities and differences as well as Barry Eichengreen, who paints with equal facility in broad strokes and in fascinating detail. Reading Hall of Mirrors is a joy. Keeping it on your bookshelf for future reference is a necessity. --Alan Blinder, author of After the Music Stopped Historical analogies come cheap, but historical insight relevant to today is both rare and valuable. Barry Eichengreen's Hall of Mirrors is packed with the essential insights that give the reader understanding of the macro policy mistakes of the 1930s and the 2000s, both why they occurred and how devastating they were. A must-read. --Adam S. Posen, President, Peterson Institute for International Economics Much of modern economics has ignored the study of economic history. Barry Eichengreen's Hall of Mirrors shows why that is a huge mistake. Combining fascinating narrative detail with cogent analysis of the relevant theory, it illuminates crucial parallels and differences between the causes of and policy response to the Great Depression and the Great Recession. It illustrates how good historical analysis must inform current policy choices, but also how superficial historic analogy can lead us astray. It carries powerful implications for the policies still needed to drive continued recovery from the Great Recession, and to stop us repeating in future the mistakes which led to disaster in the past. --Adair Turner, Senior Fellow, Institute for New Economic Thinking Eichengreen the economist joined forces with Eichengreen the historian to produce a truly unique book that revisits the past in the light of current discussions and examines present issues in the light of past experience. Eichengreen demonstrates forcefully how important-but also how difficult-it is to learn from history. A must-read for all students of the global crisis but also for everyone interested in understanding why experience is no guarantee against policy errors. --Jean Pisani-Ferry, Professor, Hertie School of Governance (Berlin) and Commissioner-General for Policy Planning (Paris) A powerful plus ca change vibe courses through [Eichengreen's] comparison, as he discusses each era's major players and events--e.g., the grifters (Charles Ponzi vs. Bernie Madoff), the reparative legislation (Glass-Steagall Act vs. Dodd-Frank), the economic advisers (FDR's brains trust vs. Obama's team), the institutional collapses (Union Guardian Trust vs. Lehman Brothers) the bubbles (the Florida land boom vs. the subprime mortgage loans), the panicked electorate and the nervous politicians. Eichengreen leavens his wide-angle treatment of complex issues-he devotes almost equal time to economic developments in Europe during each era--with capsule portraits of the major players, with becoming modesty about his own assessments (notwithstanding his obvious intellect) and even with occasional humor. --Kirkus Reviews his version of the 1930s is rich with detail and myth-busting insights. Economist As a leading scholar of the Great Depression and one of the deftest commentators on the current crisis, Eichengreen is perfectly placed to compare the two slumps. The book is rich with anecdotes including portraits of the financiers who twice helped to bring the US banking system to its knees that make it highly readable...impressive work. Hall of Mirrors is destined to change the way we think about both the Great Depression and the Great Recession. Commentators and scholars will debate its thesis for many years to come. Financial Times, Ferdinando Giugliano Hall of Mirrors is destined to change the way we think about both the Great Depression and the Great Recession. Commentators and scholars will debate its thesis for many years to come. Ferdinando Giugliano, Financial Times Eichengreen mines his material for lessons learned and lost a worthy and distinctive addition to the literature on the crash. Wall Street Journal Eichengreen recreates the last century's two great episodes of financial instability with compelling portraits of bankers and policymakers and accessible theoretical explanations ... his version of the 1930s is rich with detail and myth-busting insights. The EconomistR Author InformationBarry Eichengreen is Professor of Economics and Political Science at the University of California, Berkeley. His previous books include Exorbitant Privilege: The Rise and Fall of the Dollar and the Future of the International Monetary System and Golden Fetters: The Gold Standard and the Great Depression, 1919-1939. Tab Content 6Author Website:Countries AvailableAll regions |
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