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Hall of Mirrors: The Great Depression, the Great Recession, and the Uses—and Misuses—of History

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  • Hansen, Per H.

Abstract

Barry Eichengreen's new book Hall of Mirrors is a detailed, excellent, and somewhat pessimistic comparison of the two most serious financial crises ever—their causes, development, and consequences. Readers well versed in the comprehensive literature on the Great Depression and the Great Recession in the United States and Europe will not find much information in Hall of Mirrors that is completely new, but most others will. What is new is the comparative approach: the detailed and analytically successful search for similarities and differences between the Great Depression and the Great Recession.

Suggested Citation

  • Hansen, Per H., 2015. "Hall of Mirrors: The Great Depression, the Great Recession, and the Uses—and Misuses—of History," Business History Review, Cambridge University Press, vol. 89(3), pages 557-569, October.
    • Handle: RePEc:cup:buhirw:v:89:y:2015:i:03:p:557-569_00
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    Cited by:

    1. Anselm Küsters, 2022. "Applying Lessons from the Past? Exploring Historical Analogies in ECB Speeches through Text Mining, 1997–2019," International Journal of Central Banking, International Journal of Central Banking, vol. 18(1), pages 277-329, March.
    2. O'Sullivan, Mary, 2019. "Past meets present in policymaking: The Federal Reserve and the U.S. money market, 1913-1929," Working Papers unige:121790, University of Geneva, Paul Bairoch Institute of Economic History.

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