Audiobook The Price of Time by Edward Chancellor

Description: Audiobook The Price of Time by Edward Chancellor The Price of Time The Real Story of Interest By: Edward Chancellor Narrated by: Luis Soto Length: 15 hrs and 7 mins Categories: Money & Finance https://samples.audible.com/bk/tant/033855/bk_tant_033855_sample.mp3 Publishers summary 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. Interest is often described as the price of money, but it is better called the price of time: time is scarce, time has value, interest is the time value of money. Over the first two decades of the twenty-first century, interest rates have sunk lower than ever before. Easy money after the global financial crisis in 2007/2008 has produced several ill effects, including the appearance of multiple asset price bubbles, a reduction in productivity growth, discouraging savings and exacerbating inequality, and forcing yield starved investors to take on excessive risk. In this enriching volume, Chancellor explores the history of interest and its essential function in determining how capital is allocated and priced. PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio. ©2022 Edward Chancellor (P)2022 Tantor Shipping Shipping: The item will be shipped by Australia post with tracking. Delivery time: 5-7 working days nationally. Return & Refund Policy We guarantee our quality of the product we sell, including a replacement of a faulty CD. We do not accept return if the buyer's change of mind or you think it's a book Special Requests We are unable to list all the titles, if you have anything in mind, please do not hesitate to contact us via Ebay messaging box. Compliance & Disclaimer Policies The listing comply with the Ebay's policy: All digital items must be shipped via Digital medias, in form of CD/ DVD/ USB. The files have never been altered / modified in any shape or form, and in original contents. Disclaimer: This MP3 CD is not from the publisher / in the retail box, sold as-is. Buyer assumes responsibility for compliance with copyright laws and potential quality differences.

Price: 9.5 AUD

Location: Sunbury

End Time: 2024-11-29T03:13:35.000Z

Shipping Cost: 3.95 AUD