A History of INTEREST RATES
The late Sidney Homer published the First Edition of A History of Interest Rates in 1963 because he believed that a comprehensive history of this universal and basic economic and commercial price was necessary. Now in its Fourth Edition, A History of Interest Rates has become a classic in the fields of economics and finance.
This one-of-a-kind guide presents a readable account of interest rate trends and lending practices spanning over four millennia of economic history. Filled with in-depth insights and illustrative charts and tables, this updated Fourth Edition provides a historical perspective of interest rate movements as well as a new chapter of contemporary material and added discussions of interest rate developments over the past ten years.
A sampling of eras and areas covered include:
About the Author
- Ancient Times: Mesopotamia, Greece, and Rome
- Medieval Times and Renaissance Europe: Italy, Spain, Germany, France, and more
- Modern Europe and North America to 1900: England, France, and other European countries, as well as the United States
- Europe and North America since 1900: England, France, Germany, and Italy, as well as Canada and the United States
- Other countries and regions in the 1900s: Japan, Russia, China, and Latin America
SIDNEY HOMER, who died in 1983, was a limited partner in Salomon Brothers and was the general partner in charge of the firm's bond market research department. He is best known for his pioneering and analytical works of bond market history and the economic forces that drive bond market trends.
RICHARD SYLLA is Henry Kaufman Professor of the History of Financial Institutions and Markets and a Professor of Economics, Entrepreneurship, and Innovation at NYU's Stern School of Business. He is a past president of the Economic History Association and is a trustee of the Museum of American Financial History.