{"product_id":"the-price-of-time-the-real-story-of-interest","title":"The Price of Time","description":"\u003cp data-start=\"157\" data-end=\"817\"\u003eEdward Chancellor’s \u003cem data-start=\"177\" data-end=\"196\"\u003eThe Price of Time\u003c\/em\u003e explores the history and significance of interest rates, revealing their profound impact on economies, financial markets, and society. The book delves into how artificially low interest rates, often implemented by central banks, have led to financial bubbles, economic crises, and long-term instability. Chancellor traces the origins of interest from ancient times to the modern era, illustrating its role in capitalism and economic development. He critiques current monetary policies, arguing that suppressing interest rates distorts risk-taking, fuels asset inflation, and creates unsustainable financial conditions.\u003c\/p\u003e\n\u003ch3 data-start=\"819\" data-end=\"848\"\u003e\u003cstrong data-start=\"823\" data-end=\"846\"\u003eWhy Read This Book?\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cul data-start=\"849\" data-end=\"1383\"\u003e\n\u003cli data-start=\"849\" data-end=\"948\"\u003eA deep historical and analytical exploration of interest rates and their economic consequences.\u003c\/li\u003e\n\u003cli data-start=\"949\" data-end=\"1055\"\u003eHelps readers understand the role of central banks and monetary policies in shaping financial markets.\u003c\/li\u003e\n\u003cli data-start=\"1056\" data-end=\"1178\"\u003eEngages with key economic events, including the 2008 financial crisis and the long-term effects of low interest rates.\u003c\/li\u003e\n\u003cli data-start=\"1179\" data-end=\"1279\"\u003eIdeal for investors, policymakers, and anyone interested in global finance and economic history.\u003c\/li\u003e\n\u003cli data-start=\"1280\" data-end=\"1383\"\u003eWritten by an expert financial historian, making complex economic concepts accessible and engaging.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3 data-start=\"1385\" data-end=\"1411\"\u003e\u003cstrong data-start=\"1389\" data-end=\"1409\"\u003eAbout the Author\u003c\/strong\u003e\u003c\/h3\u003e\n\u003cp data-start=\"1412\" data-end=\"1941\"\u003eEdward Chancellor is a financial historian, investment strategist, and economic commentator. He is best known for his expertise in financial bubbles and speculative manias, as showcased in his acclaimed book \u003cem data-start=\"1620\" data-end=\"1681\"\u003eDevil Take the Hindmost: A History of Financial Speculation\u003c\/em\u003e. Chancellor has worked as a financial journalist and consultant, providing insights into market trends and economic policies. His research is widely respected in academic and financial circles, making him a trusted authority on economic history and finance.\u003c\/p\u003e","brand":"Penguin Books","offers":[{"title":"Default Title","offer_id":44130332803325,"sku":"","price":1120.0,"currency_code":"NPR","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0484\/4145\/8840\/files\/18.jpg?v=1696772900","url":"https:\/\/biblionepal.com\/fr\/products\/the-price-of-time-the-real-story-of-interest","provider":"BIBLIONEPAL","version":"1.0","type":"link"}