Recommendations from our site
“Some of my favourite books are just about data. This history shows us that interest rates can go down for a very long time – and then they go up.” Read more...
The best books on Why Economic History Matters
Simon Johnson, Economist
“Investors should realise that interest rates move in long cycles and this is fairly well documented in Homer’s history of interest rates. I think that in general — because I go to lots of seminars and so forth — investors and professional fund managers may have a CFA, but they have no clue about history. I think it’s a very good book, a historical document about how interest rates have moved over thousands of years. It has some interesting observations. Sidney Homer was an academic and a very intelligent and knowledgeable man. I think that everybody who is in investment should read this book.” Read more...
Marc Faber, Fund Managers & Investor
Our most recommended books
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A Monetary History of the United States, 1867-1960
by Anna Schwartz & Milton Friedman -
The Passions and the Interests
by Albert Hirschman -
How the World Became Rich: The Historical Origins of Economic Growth
by Jared Rubin & Mark Koyama -
The Great Divergence: China, Europe, and the Making of the Modern World Economy
by Kenneth Pomeranz -
River of Smoke
by Amitav Ghosh -
Radical Markets: Uprooting Capitalism and Democracy for a Just Society
by E. Glen Weyl & Eric A. Posner
