A History of Interest Rates

Front Cover
Rutgers University Press, 1996 - Business & Economics - 688 pages
2 Reviews
 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
  

What people are saying - Write a review

LibraryThing Review

User Review  - name99 - LibraryThing

I guess the author wanted to limit himself to the specific task of recording interest rates, not interpreting them, but the fact is that after a while I found myself skimming this. If he'd been able ... Read full review

Contents

CHAPTER
17
Usury Doctrines and Their Effect on European
69
Renaissance Interest Rates in Western Europe
133
Part Three Modern Europe and North America to 190
147
Nineteenth Century
234
The United States in the Eighteenth
274
Part Four Europe and North America Since 1900
327
19461990
366
Canada in the Twentieth Century
542
Summary and Analysis of Interest Rates in Europe
551
Japan
571
Australia New Zealand
581
Russia
593
China
607
Latin America
619
The 1990s
634

England in the Twentieth Century
436
France
460
Switzerland
520
Notes
661
Index
679
Copyright

Common terms and phrases

References to this book

All Book Search results »

About the author (1996)

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.

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.

Bibliographic information