検索キーワード： 著者 "Edward Chancellor" すべてのカテゴリー

Edward Chancellor’s lively and authoritative study of speculation from early modern times to the present. Sweeping, engaging, and perennially relevant, Devil Take the Hindmost traces the story of financial speculation back from ancient Rome to its revival in the modern world. Edward Chancellor...

In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. 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.

From the renowned iconoclast investor comes a brilliant account of sixty years spent hunting for value and sidestepping bubbles in a changing financial world When Jeremy Grantham entered the investment business in the 1960s, he brought the thrifty Quaker values and Yorkshire independence he had...

In Devil Take the Hindmost, Edward Chancellor traces the origins of the speculative spirit back to the publicani of ancient Rome and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland and ‘stockjobbing’ in London's Exchange Alley, to the infamous South Sea...

Brought to you by Penguin. The first book of the next crisis. All economic and financial activities take place across time. Interest coordinates these activities. The story of capitalism is thus the story of interest: the price that individuals, companies and nations pay to borrow money. In The...