Booms and Busts

About this book

This timely and authoritative set explores four centuries of good times and hard times in major economies throughout the world. Nearly 400 signed articles cover events from Tulipmania during the 1630s to the U.S. economic stimulus package of 2009, and introduce readers to underlying concepts, economic theories, recurring themes, major institutions, events, and notable figures. Written in a clear, accessible style, Booms and Busts supports history and economics curricula, and provides vital insights and perspective for students, teachers, and the general public--anyone interested in understanding the historical precedents, causes, and longer-term effects of the current global economic crisis. A chronology of major booms and busts throughout history, a glossary of economic terms, sources for further research, a topic finder, and a comprehensive index help make this encyclopedia the definitive reference on one of the most critical issues of our time. --from publisher description