[PDF] The Price Of Time eBook

Author : Edward Chancellor
Publisher : Grove Press
Page : 375 pages
File Size : 34,64 MB
Release : 2022-08-16
Category : Business & Economics
ISBN : 0802160077

GET BOOK

A comprehensive and profoundly relevant history of interest from one of the world’s leading financial writers, The Price of Time explains our current global financial position and how we got here In the beginning was the loan, and the loan carried interest. For at least five millennia people have been borrowing and lending at interest. The practice wasn’t always popular—in the ancient world, usury was generally viewed as exploitative, a potential path to debt bondage and slavery. Yet as capitalism became established from the late Middle Ages onwards, denunciations of interest were tempered because interest was a necessary reward for lenders to part with their capital. And interest performs many other vital functions: it encourages people to save; enables them to place a value on precious assets, such as houses and all manner of financial securities; and allows us to price risk. All economic and financial activities take place across time. Interest is often described as the “price of money,” but it is better called the “price of time:” time is scarce, time has value, interest is the time value of money. Over the first two decades of the twenty-first century, interest rates have sunk lower than ever before. Easy money after the global financial crisis in 2007/2008 has produced several ill effects, including the appearance of multiple asset price bubbles, a reduction in productivity growth, discouraging savings and exacerbating inequality, and forcing yield starved investors to take on excessive risk. The financial world now finds itself caught between a rock and a hard place, and Edward Chancellor is here to tell us why. In this enriching volume, Chancellor explores the history of interest and its essential function in determining how capital is allocated and priced.

Author : Tim Tigner
Publisher :
Page : 352 pages
File Size : 34,94 MB
Release : 2019-12-30
Category :
ISBN : 9781653381616

GET BOOK

Would your character change ... if you had all the money in the world? And all the time? Would you become a better person? Or worse? Imagine Agatha Christie meets Michael Crichton in a fast-paced, philosophical mystery thriller. _______________________________________ There's a secret in Silicon Valley. A discovery. An invention. One so startling and surprisingly sinister that it needs to be kept--at any price. Tim Tigner takes a step back from his bestselling Kyle Achilles series to introduce Zachary Chase and Skylar Fawkes in a fresh standalone novel that's bound to keep you glued and guessing. With secluded meetings, sudden disappearances and strange murders; secret agents, skillful assassins and sexy locations; The Price of Time is packed with fast-paced action and first-class intellectual intrigue. Propelling the thrills and perched at the middle of the mystery is one of humanity's great questions: Would finding the Fountain of Youth be a blessing? Prepare for sleep-deprived nights and skipped chores while repeating the phrase: "Just one more page." _______________________________________ "Tim Tigner is the antidote of Dull." --Steve Wilson "Clever to the point where you can't put the book down." --Maryellen Crane "I defy anyone to anticipate his plot twists." --Henry Shop "Still trying to catch my breath. He is a superb storyteller." --Amy Peck "A thinking person's thriller." --Glen Robins _______________________________________ Amazon named Tim Tigner an All-Star Author for being one of the most popular authors in Kindle Unlimited throughout 2018. His books are recommended for fans of David Baldacci, Lee Child's Jack Reacher, Tom Clancy's Jack Ryan, Nelson DeMille's John Corey, Vince Flynn's Mitch Rapp, Mark Greaney's Gray Man, Gregg Hurwitz's Orphan X, Robert Ludlum's Jason Bourne, John Sandford's Lucas Davenport, Daniel Silva's Gabriel Allon, Brad Taylor's Pike Logan, Brad Thor's Scot Harvath, and Dan Brown's Robert Langdon.

Author : Edward Chancellor
Publisher : Penguin
Page : 401 pages
File Size : 15,45 MB
Release : 2000-06-01
Category : Business & Economics
ISBN : 0452281806

GET BOOK

A lively, original, and challenging history of stock market speculation from the 17th century to present day. Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the psychology of investing changed—and not changed—over the last five hundred years? In Devil Take the Hindmost, Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland, to “stockjobbing” in London's Exchange Alley, to the infamous South Sea Bubble of 1720, which prompted Sir Isaac Newton to comment, “I can calculate the motion of heavenly bodies, but not the madness of people.” Here are brokers underwriting risks that included highway robbery and the “assurance of female chastity”; credit notes and lottery tickets circulating as money; wise and unwise investors from Alexander Pope and Benjamin Disraeli to Ivan Boesky and Hillary Rodham Clinton. From the Gilded Age to the Roaring Twenties, from the nineteenth century railway mania to the crash of 1929, from junk bonds and the Japanese bubble economy to the day-traders of the Information Era, Devil Take the Hindmost tells a fascinating story of human dreams and folly through the ages.

Author : Huw Price
Publisher : Oxford University Press
Page : 321 pages
File Size : 34,49 MB
Release : 1997-12-04
Category : Philosophy
ISBN : 0199839328

GET BOOK

Why is the future so different from the past? Why does the past affect the future and not the other way around? What does quantum mechanics really tell us about the world? In this important and accessible book, Huw Price throws fascinating new light on some of the great mysteries of modern physics, and connects them in a wholly original way. Price begins with the mystery of the arrow of time. Why, for example, does disorder always increase, as required by the second law of thermodynamics? Price shows that, for over a century, most physicists have thought about these problems the wrong way. Misled by the human perspective from within time, which distorts and exaggerates the differences between past and future, they have fallen victim to what Price calls the "double standard fallacy": proposed explanations of the difference between the past and the future turn out to rely on a difference which has been slipped in at the beginning, when the physicists themselves treat the past and future in different ways. To avoid this fallacy, Price argues, we need to overcome our natural tendency to think about the past and the future differently. We need to imagine a point outside time -- an Archimedean "view from nowhen" -- from which to observe time in an unbiased way. Offering a lively criticism of many major modern physicists, including Richard Feynman and Stephen Hawking, Price shows that this fallacy remains common in physics today -- for example, when contemporary cosmologists theorize about the eventual fate of the universe. The "big bang" theory normally assumes that the beginning and end of the universe will be very different. But if we are to avoid the double standard fallacy, we need to consider time symmetrically, and take seriously the possibility that the arrow of time may reverse when the universe recollapses into a "big crunch." Price then turns to the greatest mystery of modern physics, the meaning of quantum theory. He argues that in missing the Archimedean viewpoint, modern physics has missed a radical and attractive solution to many of the apparent paradoxes of quantum physics. Many consequences of quantum theory appear counterintuitive, such as Schrodinger's Cat, whose condition seems undetermined until observed, and Bell's Theorem, which suggests a spooky "nonlocality," where events happening simultaneously in different places seem to affect each other directly. Price shows that these paradoxes can be avoided by allowing that at the quantum level the future does, indeed, affect the past. This demystifies nonlocality, and supports Einstein's unpopular intuition that quantum theory describes an objective world, existing independently of human observers: the Cat is alive or dead, even when nobody looks. So interpreted, Price argues, quantum mechanics is simply the kind of theory we ought to have expected in microphysics -- from the symmetric standpoint. Time's Arrow and Archimedes' Point presents an innovative and controversial view of time and contemporary physics. In this exciting book, Price urges physicists, philosophers, and anyone who has ever pondered the mysteries of time to look at the world from the fresh perspective of Archimedes' Point and gain a deeper understanding of ourselves, the universe around us, and our own place in time.

Author : Richard Price
Publisher : University of Chicago Press
Page : 214 pages
File Size : 47,11 MB
Release : 2002-09-15
Category : History
ISBN : 9780226680606

GET BOOK

A classic of historical anthropology, First-Time traces the shape of historical thought among peoples who had previously been denied any history at all. The top half of each page presents a direct transcript of oral histories told by living Saramakas about their eighteenth-century ancestors, "Maroons" who had escaped slavery and settled in the rain forests of Suriname. Below these transcripts, Richard Price provides commentaries placing the Saramaka accounts into broader social, intellectual, and historical contexts. First-Time's unique style of presentation preserves the integrity of both its oral and documentary sources, uniting them in a profound meditation on the roles of history and memory. This second edition includes a new preface by the author, discussing First-Time's impact and recounting the continuing struggles of the Saramaka people.

Author : Laura Vanderkam
Publisher : Penguin
Page : 273 pages
File Size : 38,48 MB
Release : 2011-05-31
Category : Self-Help
ISBN : 159184410X

GET BOOK

It's an unquestioned truth of modern life: we are starved for time. We tell ourselves we'd like to read more, get to the gym regularly, try new hobbies, and accomplish all kinds of goals. But then we give up because there just aren't enough hours to do it all. Or if we don't make excuses, we make sacrifices- taking time out from other things in order to fit it all in. There has to be a better way...and Laura Vanderkam has found one. After interviewing dozens of successful, happy people, she realized that they allocate their time differently than most of us. Instead of letting the daily grind crowd out the important stuff, they start by making sure there's time for the important stuff. When plans go wrong and they run out of time, only their lesser priorities suffer. Vanderkam shows that with a little examination and prioritizing, you'll find it is possible to sleep eight hours a night, exercise five days a week, take piano lessons, and write a novel without giving up quality time for work, family, and other things that really matter.

Author : James Baldwin
Publisher : Beacon Press
Page : 714 pages
File Size : 20,99 MB
Release : 2021-09-21
Category : Literary Collections
ISBN : 0807006572

GET BOOK

An essential compendium of James Baldwin’s most powerful nonfiction work, calling on us “to end the racial nightmare, and achieve our country.” Personal and prophetic, these essays uncover what it means to live in a racist American society with insights that feel as fresh today as they did over the 4 decades in which he composed them. Longtime Baldwin fans and especially those just discovering his genius will appreciate this essential collection of his great nonfiction writing, available for the first time in affordable paperback. Along with 46 additional pieces, it includes the full text of dozens of famous essays from such books as: • Notes of a Native Son • Nobody Knows My Name • The Fire Next Time • No Name in the Street • The Devil Finds Work This collection provides the perfect entrée into Baldwin’s prescient commentary on race, sexuality, and identity in an unjust American society.

Author : Patrick Leigh Fermor
Publisher : New York Review of Books
Page : 340 pages
File Size : 29,71 MB
Release : 2011-09-14
Category : Travel
ISBN : 1590175174

GET BOOK

This beloved account about an intrepid young Englishman on the first leg of his walk from London to Constantinople is simply one of the best works of travel literature ever written. At the age of eighteen, Patrick Leigh Fermor set off from the heart of London on an epic journey—to walk to Constantinople. A Time of Gifts is the rich account of his adventures as far as Hungary, after which Between the Woods and the Water continues the story to the Iron Gates that divide the Carpathian and Balkan mountains. Acclaimed for its sweep and intelligence, Leigh Fermor’s book explores a remarkable moment in time. Hitler has just come to power but war is still ahead, as he walks through a Europe soon to be forever changed—through the Lowlands to Mitteleuropa, to Teutonic and Slav heartlands, through the baroque remains of the Holy Roman Empire; up the Rhine, and down to the Danube. At once a memoir of coming-of-age, an account of a journey, and a dazzling exposition of the English language, A Time of Gifts is also a portrait of a continent already showing ominous signs of the holocaust to come.

Author : Eugenia Price
Publisher : Macmillan
Page : 356 pages
File Size : 39,58 MB
Release : 1998-09-15
Category : Fiction
ISBN : 9780312965068

GET BOOK

Bostonian Abby Banes becomes the pampered mistress of a plantation on Georgia's glorious seacoast when she marries the much older Eli Allyn. When he dies, Abby defies Southern tradition to run the plantation alone and to embrace a people's call for freedom. And she never expects the intense emotion that draws her to another man--or to be struck by a passion, fierce as lightning that knows no bounds.

Author : Liaquat Ahamed
Publisher : Penguin
Page : 584 pages
File Size : 21,80 MB
Release : 2009
Category : Business & Economics
ISBN : 9781594201820

GET BOOK

Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.