A History of Interest and its Current Role in Speculative Bubbles with Edward Chancellor

To tell the history of interest is to follow the social and economic fabric of societies. Edward Chancellor, financial historian and author, joins the podcast following his recent publication, "The Price of Time: The Real Story of Interest". Edward and Trevor discuss the early foundations of interest, the great debate of its utility throughout financial history, and how low interest rates continue to precede financial bubbles and inequalities. 

Edward Chancellor is a financial historian, journalist and investment strategist. Edward read history at Trinity College, Cambridge, where he graduated with first-class honours, and later gained an M.Phil. in Enlightenment history from Oxford University. In the early 1990s he worked for the London merchant bank, Lazard Brothers. He was later an editor at the financial commentary site, Breakingviews. From 2008 to 2014, Edward was a senior member of the asset allocation team at GMO, the Boston-based investment firm.

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