<p>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.</p>

A History of Interest Rates, Fourth Edition (Wiley Finance)

Business & Money

Richard Sylla

Sidney Homer

Economics

wiley

See the best price to sell, buy, or rent books by Richard Sylla. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Richard Sylla

See the best price to sell, buy, or rent books by Richard Sylla. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

A History of Interest Rates, Fourth Edition (Wiley Finance)