Edward Chancellor
Broschiertes Buch

The Price of Time

The Real Story of Interest

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The first book of the next crisis. A history of interest rates by a leading financial commentator, updated with a new postscript._Winner of the 2023 Hayek Book Prize__Longlisted for the 2022 Financial Times Business Book of the Year Award_All economic and financial activities take place across time. Interest coordinates these activities. The story of capitalism is thus the story of interest: the price that individuals, companies and nations pay to borrow money.In The Price of Time, Edward Chancellor traces the history of interest from its origins in ancient Mesopotamia, through debates about u...