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Recently, students and scholars have expressed dissatisfaction with the current state of economics and have called for the reintroduction of historical perspect
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An empirical investigation of financial crises during the last 800 years.
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This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since ma
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WINNER OF THE LIONEL GELBER PRIZE A NEW YORK TIMES NOTABLE BOOK OF 2018 ONE OF THE ECONOMIST'S BOOKS OF THE YEAR A NEW YORK TIMES CRITICS' TOP BOOK "An intellig