Nonfiction | Business & Investing

A History of Interest Rates

by Sidney Homer

2020-05-06 14:04:03

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A History of Interest Rates presents a very readable account of interest rate trends and lending practices over four millennia of economic history. Despite the paucity of data prior to the Industrial Revolution, authors Homer and Sylla provide a high... Read more
A History of Interest Rates presents a very readable account of interest rate trends and lending practices over four millennia of economic history. Despite the paucity of data prior to the Industrial Revolution, authors Homer and Sylla provide a highly detailed analysis of money markets and borrowing practices in major economies. Underlying the analysis is their assertion that "the free market long-term rates of interest for any industrial nation, properly charted, provide a sort of fever chart of the economic and political health of that nation." Given the enormous volatility of rates in the 20th century, this implies we''re living in age of political and economic excesses that are reflected in massive interest rate swings. Gain more insight into this assertion by ordering a copy of this book today. Less

Book Details

File size9.1x6.4x2.1inches
Print pages736
PublisherJohn Wiley & Sons
Publication date August 1, 2005
LanguageEnglish
ISBN9780471732839
autor-image
Sidney Homer
Author
...

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