Books This time is different

 The book examines the history of financial crises over eight centuries, covering sixty-six countries and five continents. It analyzes various types of crises, such as government defaults, banking panics, and inflationary spikes, from medieval currency debasements to the 2008 subprime mortgage crisis. The authors argue that while each crisis is often seen as unique, they share common patterns and that "this time is different" is a phrase that has been used repeatedly throughout history.