- Main
- Business & Economics - Professional Finance
- The Price of Time: The Real Story of...
The Price of Time: The Real Story of Interest
Edward ChancellorA 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 world, usury was generally viewed as exploitative, a potential path to debt bondage and slavery. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk.
All economic and financial activities take place across time....
- Herunterladen
- epub 8.16 MB Current page
- Checking other formats...
- Konvertieren in
- Entsperren Sie die Konvertierung von Dateien, die größer als 8 MB sindPremium
In 1-5 Minuten wird die Datei an Ihr Telegram-Konto gesendet.
Achtung: Stellen Sie sicher, dass Sie Ihr Konto mit dem Telegram-Bot von Z-Library verbunden haben.
In 1-5 Minuten wird die Datei an Ihr Kindle-Gerät gesendet.
Anmerkung: Sie müssen jedes Buch bestätigen, das Sie an Kindle senden. Für die Bestätigung finden Sie den Brief an Ihrer E-Mail-Adresse von Amazon Kindle Support.
- Senden Sie an E-Book-Reader
- Erhöhtes Limit für Downloads
- Konvertieren Sie Dateien
- Mehr Suchergebnisse
- Andere Vorteile