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CollectionsJust added (2), Your library (3,956), Accounting and Auditing (110), Biography (372), Business Cycles (284), Business History (249), Corporate Governance and Management (240), Corporate History (non-financial) (239), Economic Theory and Analysis (391), Fiction & Games (41), Financial Institutions (539), Financial Markets (318), Fraud (76), History (429), Investment (290), Reference and Statistics (115), Reports (20), Risk and Decision-making (215), Stewart Hamilton Archive (27), All collections (3,956)

Reviews384 reviews

TagsUnited States (1,040), United Kingdom (818), 20th century (713), Political aspects (667), History (447), 19th century (362), Banking (243), Wall Street (227), Financial markets (213), Stock markets (202) — see all tags


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About my libraryThe Library of Mistakes is a charitable venture (registered charity SC040205) founded to promote the study of financial history.

In recent years financial education has focused on the power of the equation to explain economic and financial forces. This distillation of complex forces into faux objectivity has created dangerous errors in financial understanding.

That objectivity has only been attained with the use of assumptions which do not hold in the real world. The Library of Mistakes exists to allow students, professionals and members of the general public to study financial history to understand how finance has worked rather than how it should work if key unrealistic assumptions are made.

If Einstein is right and the sign of madness is to do the same thing over again expecting a different result then a study of financial history may help to reduce financial madness.

By studying financial history we hope to improve financial understanding one mistake at a time.



Real nameLibrary of Mistakes

LocationWemyss Place Mews, Edinburgh, UK

Favorite authorsNot set

Account typepublic

URLs /profile/LibraryofMistakes (profile)
/catalog/LibraryofMistakes (library)

Member sinceNov 4, 2013

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