Journal of Economics

, Volume 128, Issue 3, pp 291–295 | Cite as

Vague, Richard: A brief history of doom

240 pp., Pennsylvania Press, Oxford, UK, 2018, Hardcover, £22.00
  • Claudio SardoniEmail author
Book Review

In little more than two hundred pages, Richard Vague’s book, A Brief History of Doom (2019), gives us a detailed and well documented historical reconstruction of some major financial crises from the early nineteenth century to the present. The six chapters of the book cover the Great Depression (chapter 1); the 1980s crisis (chapter 2); the Japan 1990 crisis (chapter 3); the 1819–1840 crises (chapter 4); the railroad crises of 1847–1907 (chapter 5); the 2008 crisis (chapter 6).1 The book contains two additional chapters, an introduction and the conclusions. The introduction outlines the ‘anatomy of financial crises’ and it is the author’s attempt to single out some of those features of crises that he regards as general.2 The conclusion concentrates on possible ways to foresee and prevent financial crises and the most adequate policies to deal with such problems.

In a book review it is obviously impossible to enter into a detailed examination of the author’s historical reconstruction of...

JEL Classification

E44 E51 



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Copyright information

© Springer-Verlag GmbH Austria, part of Springer Nature 2019

Authors and Affiliations

  1. 1.Formerly at Sapienza University of RomeRomeItaly

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