I concur that Kindleberger is an excellent piece of economic history, even
though I disagree with several of his interpretations of the bubbles. But
his treatment of the early bubbles reflects the literature on them that was
available at the time he wrote (his revisions over the year did improve his
account, but the underlying themes did not change), leading him to place
emphasis on themes that more recent literature render problematic.

Ross Emmett