Manias, Panics, and Crashes by Robert Z. Aliber, Charles P. Kindleberger & Robert N. McCauley - Book Summary

7 Minute Books: Free Book Summaries · Oct 6, 2026 · 6m · transcript

“Why We Keep Falling for the Same Bubble”

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Title: Manias, Panics, and Crashes

Author: Robert Z. Aliber, Charles P. Kindleberger & Robert N. McCauley

Category: Personal Finance & Investing, Economics & Global Markets

Why do we keep falling for the same bubble, over and over, from Dutch tulips to 2008? Sam and Sophie open the episode with that question, and it turns out the answer is a little unsettling.

They walk through Kindleberger, Aliber, and…