A History of Interest Rates

Business & Finance, Finance & Investing, Finance
Cover of the book A History of Interest Rates by Sidney Homer, Richard Sylla, Wiley
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Author: Sidney Homer, Richard Sylla ISBN: 9781118046227
Publisher: Wiley Publication: March 23, 2011
Imprint: Wiley Language: English
Author: Sidney Homer, Richard Sylla
ISBN: 9781118046227
Publisher: Wiley
Publication: March 23, 2011
Imprint: Wiley
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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