December 2014
Beginner
352 pages
14h 24m
English
Content preview from The Economics Book
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IN CONTEXT
FOCUS
Global economy
KEY THINKER
Paul Krugman (1953–)
BEFORE
1944 Greece experiences the largest currency crash in history.
1978 US economic historian Charles Kindleberger stresses the role of irrational behavior in crises.
AFTER
2009 US economists Carmen Reinhart and Kenneth Rogoff publish This Time is Different: Eight Centuries of Financial Folly, in which they draw similarities between crises over the centuries.
2010–12 Divergent national priorities, serious policy errors, and huge speculative pressures threaten the breakup of the euro.
A currency crisis is a large and sudden collapse in the value of one nation’s currency relative to other ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.