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Edward Chancellor’s book Capital Returns helped
Gautam Baid • The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
The most important question addressed in this book is whether a capitalist economy can function properly without market-determined interest.
Edward Chancellor • The Price of Time: The Real Story of Interest
The argument of this book is that interest is required to direct the allocation of capital, and that without interest it becomes impossible to value investments. As
Edward Chancellor • The Price of Time: The Real Story of Interest
There is nothing so unstable as a stabilized price level. James Grant, 2014
Edward Chancellor • The Price of Time: The Real Story of Interest
traditional view that charging for loans was inherently unjust.
Edward Chancellor • The Price of Time: The Real Story of Interest
Interest is the wage of abstinence, said Senior.