THE SECOND GREAT
CONTRACTION

CARMEN M. REINHART and KENNETH S. ROGOFF

A PRINCETON SHORTS selection from This Time Is Different

We've been assured that the recession is over, but the country and the economy continue to feel the effects of the 2008 financial crisis, and people are still searching for answers about what caused it, what it has wrought, and how we can recover. This selection from the best-selling book This Time Is Different—the definitive history of financial crises, including the recent subprime meltdown—answers these questions and more.

PRINCETON SHORTS are brief, but influential selections drawn from groundbreaking Princeton University Press titles. Produced exclusively in e-book format, they are selected with the firm belief that while the original publication remains an important and enduring work, sometimes we can all benefit from a quick take on a topic worthy of a longer book. For more information and a complete list of books in the series, please visit http://press.princeton.edu/PrincetonShorts.