The Price of Time: The Real Story of Interest | Barnes & Noble®

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By Edward Chancellor

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Overview

Winner of the 2023 Hayek Book Prize

Longlisted for the 2022 Financial Times Business Book of the Year Award

A comprehensive and profoundly relevant history of interest from one of the world’s leading financial writers, The Price of Time explains our current global financial position and how we got here

In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. The practice wasn’t always popular—in the ancient...

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Categories

Business Economics Macroeconomics Inflation & Deflation - Economics