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  • Is it possible to write a highly engaging history of the world going back to Hammurabi, unfolding along the way a bitingly comprehensive explanation for its problems today, all told through a single character? Apparently yes. Edward Chancellor has done it, an achievement all the more notable since his drama is built around a character so unheroic on its surface: his "price of time" is interest rates. This is a timely, vitally important and hugely readable book.

    Ruchir Sharma, Chairman, Rockefeller International and New York Times bestselling author
  • Edward Chancellor has produced not just a brilliant explainer of the value of money and time but a hugely engaging history of the greatest problem confronting markets today. The Price of Time is a must read - a copy should be on the desk of everyone who has anything to do with financial markets or wondered why things work as they do.

    Merryn Somerset Webb, Editor-in-Chief, MoneyWeek
  • Interest rates haven't simply fallen - they were pushed. And by their pushing, the world's central banks have constructed the hall of mirrors in which every investor has become, of necessity, a speculator. So argues Edward Chancellor in this brilliant chronicle of the most important prices in capitalism. You must read it. It is a masterpiece of history, analysis-and properly understated outrage.

    James Grant, editor of Grant’s Interest Rate Observer
  • I wish The Price of Time were the book that I had written. I am reminded of Keynes' letter to Hayek after reading The Road to Serfdom where he said "In my opinion it is a grand book. We all have the greatest reason to be thankful to you for saying so well what needs so much to be said. .... I find myself in agreement with virtually the whole of it, and not only in agreement but in a deeply moved agreement"

    William White, former Chief Economist, Bank for International Settlements
  • Superb! A worthy successor to Devil Take the Hindmost.

    William Bernstein, author of The Delusion of Crowds
  • Praise for Devil Take the Hindmost

  • An admirably researched and very well written account of speculative insanity from the earliest times to, let no one doubt, the present.

    J.K. Galbraith
  • Entertaining, useful, admirable scholarship... Chancellor seems to have read everything.

    New York Times Book Review
  • Praise for Crunch-Time for Credit?

  • There was no single, dominant, astonishing voice in the wilderness in the debate on the credit crunch, but... Edward Chancellor, an economic historian, foresaw almost everything.

    Charles Moore, Daily Telegraph

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