Seven Crashes: The Economic Crises That Shaped Globalization

A leading economic historian presents a new history of financial crises, showing how some led to greater globalization while others kept nations apart

“[A] fascinating book.”—Martin Wolf, Financial Times, “Best Books of 2023—Economics”

The eminent economic historian Harold James presents a new perspective on financial crises, dividing them into “good” crises, which ultimately expand markets and globalization, and “bad” crises, which result in a smaller, less prosperous world. Examining se...