Edward Chancellor

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Edward Chancellor



Average rating: 4.14 · 6,964 ratings · 609 reviews · 8 distinct worksSimilar authors
Devil Take the Hindmost: A ...

3.99 avg rating — 2,827 ratings — published 1996 — 32 editions
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The Price of Time

4.15 avg rating — 2,678 ratings — published 2022 — 20 editions
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Capital Returns: Investing ...

4.39 avg rating — 1,340 ratings — published 2015 — 10 editions
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Capital Account: A Fund Man...

4.47 avg rating — 118 ratings — published 2004 — 3 editions
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Crunch Time for Credit?

4.50 avg rating — 2 ratings
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The Price of Time: The Real...

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The Price of Time, The Scie...

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The Making of a Permabear: ...

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Quotes by Edward Chancellor  (?)
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“As Bastiat understood, a very low rate of interest may benefit the rich, who have access to credit, more than the poor.”
Edward Chancellor, The Price of Time: The Real Story of Interest

“After Augustus’ death, the Emperor Tiberius hoarded money, with the result that interest rates rose above the legal limit and a banking crisis erupted in AD 33. Tiberius then decided to lend out the imperial treasure free of interest to patrician families, which brought about an immediate decline in interest rates and an end to the crisis.55 His actions constituted the world’s first experience of quantitative easing.fn9”
Edward Chancellor, The Price of Time: The Real Story of Interest

“Firms in industries with the greatest increase in concentration enjoyed higher profits. But, as Adam Smith observed, monopolies don’t serve the public good. Rather, monopolies create barriers to entry which discourage the establishment of new firms and innovation.29 Rising industry concentration was associated with higher pay for senior executives, a decline in workers’ bargaining power, and falling investment and R&D. Economists at the National Bureau of Economic Research found that while ‘low interest rates have traditionally been viewed as positive for economic growth … extremely low interest rates may lead to slower growth by increasing market concentration.”
Edward Chancellor, The Price of Time: The Real Story of Interest



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