From ancient Mesopatamia to the Monetary Policy Committee, the story of trade, commerce and capitalism is also the story of interest rates.
Few people are as intimately acquainted with that topsy-turvy narrative as our guest this week, the financial journalist and historian Edward Chancellor.
In his recent book The Price of Time, Edward offers not only a sprawling, fascinating history of interest and credit, but a compelling argument about how years of long, low rates have led us to the verge of economic crisis.
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Elon Musk’s SpaceX has launched the largest ever public offering of stock today, selling $75 billion worth of shares. SpaceX emphasised its remarkable achievements in its IPO filing: ‘We are the primary launch provider for the US government. In 2025, we launched 11 of 12 National Security Space Launch (‘NSSL’) medium and heavy lift missions […]
September 2023: what a time that was to be alive. Aerosmith began their final ever tour, Kim Jong-Un arrived in Russia for an audience with Vladimir Putin and Rupert Murdoch stepped down from the boards of Fox and News Corp. It was a good month for news. Yet that month another turning point in world […]
June 4 marked the 37th anniversary of the Tiananmen Square massacre. It has been a long time since the China of reform and opening-up gave way to one of the strangest regimes of our age: a country with the political freedoms of the Soviet Union but economic power approaching that of the United States, capable […]
