Crashes and Crises: Lessons from a History of Financial Disasters
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Narrated by:
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Connel Fullenkamp
About this listen
Professor Connel Fullenkamp of Duke University guides listeners through four centuries of economic disasters - from tulip mania in the 1600s to the Great Recession of 2007-2009. Each of his 24 lectures covers a notable incident of financial misfortune or folly that is worthy of a Hollywood thriller. You hear how Charles Ponzi conducted the moneymaking scam that bears his name; how mining companies in the Old West sprang up like Internet start-ups, with a similar imbalance of winners and losers; how hyperinflation destroyed Germany’s economy at the beginning of 1920s and how its resulting stock market crash nearly sank America’s stock market.
You also hear how the Great Depression deepened through a wave of bank panics; how, in more recent times, the US savings and loan industry went belly-up; how Orange County in California went bankrupt, how Japan’s hard-charging economy came to a screeching halt; how currency crises swept the globe; how subprime mortgages nearly sparked a second Great Depression; and much more. You also learn how technology has transformed stock trading, how cryptocurrencies work, and why we live in an era of financial instability.
As well as entertaining you with riveting stories, Professor Fullenkamp inoculates you against the gullibility, overconfidence, and herd mentality that have trapped even Wall Street professionals in misguided investments that lost billions. You won’t have any trouble staying awake through these stimulating lectures. And, armed with the knowledge of how to stay out of harm’s way, you may even sleep better at night.
PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.
©2018 The Teaching Company, LLC (P)2018 The Great CoursesListeners also enjoyed...
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it's Nearly perfect
- By Kerry on 09-16-20
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I Thought It Was Just Me (but it isn’t)
- Telling the Truth about Perfectionism, Inadequacy, and Power
- By: Brené Brown
- Narrated by: Lauren Fortgang
- Length: 10 hrs and 44 mins
- Unabridged
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Based on seven years of ground-breaking research and hundreds of interviews, I Thought It Was Just Me shines a long-overdue light on an important truth: Our imperfections are what connect us to each other and to our humanity. Our vulnerabilities are not weaknesses; they are powerful reminders to keep our hearts and minds open to the reality that we're all in this together.
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I'm sure its great if you are a mother ....
- By Leslie A Hill on 08-09-11
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Mythology: Mega Collection
- Classic Stories from the Greek, Celtic, Norse, Japanese, Hindu, Chinese, Mesopotamian and Egyptian Mythology
- By: Scott Lewis
- Narrated by: Madison Niederhauser, Oliver Hunt
- Length: 31 hrs and 37 mins
- Unabridged
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Do you know how many wives Zeus had? Or how the famous Trojan War was caused by one beautiful lady? Or how Thor got his hammer? Give your imagination a real treat. This Mega Mythology Collection of eight audiobooks is for you....
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An interesting set of introductions.
- By Kevin Potter on 05-30-19
By: Scott Lewis
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The Philosopher's Toolkit: How to Be the Most Rational Person in Any Room
- By: Patrick Grim, The Great Courses
- Narrated by: Patrick Grim
- Length: 12 hrs and 2 mins
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Taught by award-winning Professor Patrick Grim of the State University of New York at Stony Brook, The Philosopher’s Toolkit: How to Be the Most Rational Person in Any Room arms you against the perils of bad thinking and supplies you with an arsenal of strategies to help you be more creative, logical, inventive, realistic, and rational in all aspects of your daily life.
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This should NOT be an audio book
- By Brooks Emerson on 03-21-20
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My Big TOE: Awakening
- Book One of a Trilogy Unifying Philosophy, Physics, and Metaphysics
- By: Thomas Campbell
- Narrated by: Thomas Campbell
- Length: 11 hrs and 11 mins
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My Big TOE: Awakening, written by a nuclear physicist in the language of contemporary culture, unifies science and philosophy, physics and metaphysics, mind and matter, purpose and meaning, the normal and the paranormal. The entirety of human experience (mind, body, and spirit) including both our objective and subjective worlds is brought together under one seamless scientific understanding.
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What a Trip (but to where?)
- By Michael on 11-26-13
By: Thomas Campbell
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Locked inside the DNA of every species that ever lived are endless stories - about origins, ancestors, fate, and much more. Until recently, these secrets were completely inaccessible. But with the help of new technologies, scientists are now reading the hidden history of DNA, making remarkable discoveries about ourselves and our fellow species. Your gateway to this treasure trove of information is Unlocking the Hidden History of DNA, 12 informative and accessible lectures delivered by New York Times best-selling author Sam Kean.
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Huge disappointment as "audio book"
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Same Material Different Title
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Great for beginners, nothing you for an economist
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Slow, useful, unconvincing
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Great course
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One of my top 3 favorite courses!
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Another Great Courses Homerun!
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Interesting material, but . . .
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In this 24-lesson course aimed at non-scientists, noted particle physicist Dr. Don Lincoln of Fermi National Accelerator Laboratory covers more than a century of progress in physics, describing exactly how scientists reach the conclusions they do. He starts with the atom, which was long hypothesized but wasn’t definitively proven until a paper by Albert Einstein in 1905. That was just the beginning, as researchers probed ever deeper into the atom’s complex structure, leading to the weird findings of quantum mechanics.
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Strongly Recommend for Everyone
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Considering everything the brain does, how can it possibly be the source of our personalities, dreams, thoughts, sensations, utterances, and movements? Understanding the Brain, a 36-lecture course by award-winning Professor Jeanette Norden of Vanderbilt University, takes you inside this astonishingly complex organ and shows you how it works. With its combination of neurology, biology, and psychology, this course helps you understand how we perceive the world through our senses, how we move, how we learn and remember, and how emotions affect our thoughts and actions.
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This is essentially a scam
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Language defines us as a species, placing humans head and shoulders above even the most proficient animal communicators. But it also beguiles us with its endless mysteries, allowing us to ponder why different languages emerged, why there isn't simply a single language, how languages change over time and whether that's good or bad, and how languages die out and become extinct.
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A solid telling of crucial history
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Read with this Neil Gorsuch!
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The Foundations of Western Civilization
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What is Western Civilization? According to Professor Noble, it is "much more than human and political geography," encompassing myriad forms of political and institutional structures - from monarchies to participatory republics - and its own traditions of political discourse. It involves choices about who gets to participate in any given society and the ways in which societies have resolved the tension between individual self-interest and the common good.
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Not Engaging or Very Interesting
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The Dead Sea Scrolls
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Whether complete or only fragmentary, the 930 extant Dead Sea Scrolls irrevocably altered how we look at and understand the foundations of faith and religious practice. Now you can get a comprehensive introduction to this unique series of archaeological documents, and to scholars' evolving understanding of their authorship and significance, with these 24 lectures. Learn what the scrolls are, what they contain, and how the insights they offered into religious and ancient history came into focus.
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A comprehensive overview of the Qumran Scrolls
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Law School for Everyone: Corporate Law
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These 12 lectures answer questions about a high-stakes, ever-evolving area of the American legal system. Recreating a traditional law school course in corporate law, Professor Geis guides you through the foundations of corporate law, the history of corporations, the problems that can plague corporations (including insider trading and bribery), and more. In clear, accessible language, Law School for Everyone: Corporate Law introduces you to the inner workings of corporate law.
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It's a winner
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What listeners say about Crashes and Crises: Lessons from a History of Financial Disasters
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Marc
- 07-09-19
learned why Ponzi schemes are called Ponzi schemes
the professor makes learning about crashes and crisis's almost as exciting as James Bond or Sherlock Holmes
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- Probably_Arthur_Weasley
- 03-19-19
Really enjoyable if you have a mind for economics.
Very well narrated and very interesting if you're able to think through it. Be prepared to hit the backup button here and there to be able to think through it.
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- Dan Vogel
- 02-17-19
it's different this time
same old same old. rich behave badly government bails them out the rest of us have to pay. There's a sucker born every minute and unfortunately that is us.
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- A Happy Historian
- 06-13-20
A must listen to for those interesting in finance
This is a must read for all of those interested not just in the modern day world of finance, but also what happened before that created the world we live in today.
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- Chris V.
- 09-28-19
Educational, data dense
I really enjoyed this lecture and this is a topic very close to my career so it was very eye opening. As with all data driven fields, numbers can be skewed but I found the narrator kept bias out of the general lecture and would disclose his opinions as inserted.
I highly recommend this to anyone looking for an overview and history of financial market and system crisis.
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- T. K. Tran
- 04-19-23
Superb
I learned so much from the lessons of the past. Highly recommended to everyone to read this book.
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- Roman G
- 02-23-20
As always - brilliant!
All my reviews of the Great Courses series are the same - absolutely brilliant! Highly recommend! Because that’s exactly what they are.
Roman
CEO, Splento
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1 person found this helpful
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- Sami
- 05-23-19
Engaging but hard to follow sometimes
The subject is important, especially that human beings tend to have short memories and with the passing of one generation over the other. The language might be too technical sometimes and dry.
If you’re not verse with financial basics, this is not for you. The stories here are not very entertaining
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- Napoleon
- 01-15-20
Wow...
I wish there was a part 2... This lecture does a great job of summarizing and simplifying global market crashes throughout the ages.
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- Joseph
- 10-11-19
Brilliantly explained and prescient
This was more interesting than I would have thought. Picking on the most we’ll know crises and scam artists to illustrate economic points makes the lessons interesting.
Well worth the listen, especially give our current turbulent times. I expect a few of these ‘classic’ errors to be repeated.
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