Sorry, this item is not available in
Image not available for
Color:
Image not available

To view this video download Flash Player

 
Sell Us Your Item
For a $2.00 Gift Card
Trade in
Have one to sell? Sell yours here
Tell the Publisher!
I'd like to read this book on Kindle

Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

A History of Interest Rates: Third Edition, Revised [Paperback]

by Professor Sidney Homer, Richard Sylla
5.0 out of 5 stars  See all reviews (4 customer reviews)


Available from these sellers.


Free Two-Day Shipping for College Students with Amazon Student

Formats

Amazon Price New from Used from
Hardcover --  
Paperback --  
Sell Us Your Books
Get up to 80% back when you sell us your books, even if you didn't buy them at Amazon. Learn more

Book Description

April 1, 1996 0813522889 978-0813522883 Third Edition, Revised
 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:

  • 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

Customers Who Viewed This Item Also Viewed


Product Details

  • Paperback: 716 pages
  • Publisher: Rutgers University Press; Third Edition, Revised edition (April 1, 1996)
  • Language: English
  • ISBN-10: 0813522889
  • ISBN-13: 978-0813522883
  • Product Dimensions: 9.1 x 6 x 1.7 inches
  • Shipping Weight: 2.4 pounds
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #1,320,792 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

5.0 out of 5 stars
(4)
5.0 out of 5 stars
4 star
0
3 star
0
2 star
0
1 star
0
Share your thoughts with other customers
Most Helpful Customer Reviews
22 of 26 people found the following review helpful
5.0 out of 5 stars Pure History, Little Insight January 3, 2005
Format:Paperback|Verified Purchase
Sidney Homer delivers what he promised - a lengthy and extremely detailed history of interest rates. Almost completely absent is any commentary on why interest rates have changed through history. Any observations of cause and effect are left up to the reader to discern. But as a pure history text, the book is readable and thorough both in breadth and depth.
Comment | 
Was this review helpful to you?
21 of 27 people found the following review helpful
Format:Paperback
This exceptionally written, highly readable volume, written by a true pioneer in bond trading and fixed income research, covers interest rate trends and lending practices spanning over four millennia of economic history. Despite the paucity of data prior to the Industrial Revolution, the book manages to present a highly detailed analysis of money markets and borrowing practices in major economies. A History of Interest Rates seeks to provide a helicopter perspective of interest rate movements, avoiding anecdotal indications if possible and applying analytical tools such as yield curves and decennial averaging of the available data.
Homer asserts that "the free market long-term rates of interest for any industrial nation, properly charted, provide a sort of fever chart of the economic and political health of that nation." Given the unprecedented rise in asset price volatility and the emergence of extraordinary inflation rates during twentieth-century episodes of economic distress--occurrences which were nearly imponderable during the nineteenth century--it would seem that we are now living in times of eschatological excess, which is actually one of the understated themes in this book's third edition.
This book should be part of the library of every investment analyst, together with such finance classics as Graham and Dodd's Security Analysis and Lefevre's Reminiscences of a Stock Operator.
Comment | 
Was this review helpful to you?
19 of 29 people found the following review helpful
Format:Paperback
Financial assets grow in value with the passage of time. For debt, we call this "interest", and for equity, we call it "yield". Homer's book is the superbly recorded history of this phenomenon. Perhaps its greatest value is that when you hear or read a new theory, you can assess its validity by comparing the theory's implications with the historical evidence.
Comment | 
Was this review helpful to you?
1 of 10 people found the following review helpful
5.0 out of 5 stars Exactly as Advertised January 30, 2010
Format:Paperback|Verified Purchase
The book came in a timely fashion and its condition was exactly as the seller said it would be. Would buy again! Thanks!
Comment | 
Was this review helpful to you?
Search Customer Reviews
Only search this product's reviews
ARRAY(0xa705e890)


Sell a Digital Version of This Book in the Kindle Store

If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store. Learn more

Forums

There are no discussions about this product yet.
Be the first to discuss this product with the community.
Start a new discussion
Topic:
First post:
Prompts for sign-in
 



Look for Similar Items by Category