Manias, Panics and Crashes provides a comprehensive historical analysis of financial crises, tracing patterns of speculative bubbles, credit expansions, and subsequent crashes. The sixth edition delves into the anatomy of typical crises, speculative manias, and the role of credit in fueling financial instability. It examines historical episodes of international contagion, policy responses, and the functions of domestic and international lenders of last resort. The book also includes case studies such as the Lehman Brothers collapse and offers lessons from past financial upheavals.