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The Price of Time
£12.99
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If you find the same book(s) cheaper (new, in stock, like-for-like including delivery), we’ll match it. Read the full policy.
If you find the same book(s) cheaper (new, in stock, like-for-like including delivery), we’ll match it. Read the full policy.
Description
This book explores the history of interest rates and their impact on economic activities. Edward Chancellor examines the evolution of interest from ancient Mesopotamia to modern financial crises. He discusses key events such as debates on usury in Restoration Britain and John Law's Mississippi scheme, highlighting the relationship between interest rates and market stability. Chancellor argues that low interest rates can lead to financial instability, offering insights into how these dynamics play out in today's economy. The book provides a comprehensive understanding of the role of interest in capitalism.
Specifications
Format: Paperback / softback
Dimensions: × ×
Pages: 432
Publisher: Penguin Books Ltd
ISBN: 9781802060157
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