Another work by Jacob Burckhardt, one published posthumously, Weltgeschichtliche Betrachtungen, translated as Force & Freedom: Reflections on History by James Hastings, Nichols, (New York 1943,...
Why do markets crash and bank panics happen? Conventional wisdom has gathered, like iron filings, at two intellectual poles: at one extreme is a hodge-podge of idiosyncratic, period-specific causes...