The NYT Business Section on their book, This Time Is Different. It's nice when a fat book covering 800 years of financial crises can be summed up in one 4-word title, and then the message of the text in one 3-word response: No It's Not.
Or as the authors put it, We've Been Here Before.
The authors and the article both understandably concentrate most of the discussion on Implications for Today's Crisis. These days you can't even talk about broccoli without discussing Implications for Today's Crisis.
But the book will surely remain a classic long after the crisis ends, and then its long-run message might include a development angle: We've Been Here Before, But We Got (and Stayed) Rich Anyway.