4.4 • 2.2K Ratings
🗓️ 4 November 2022
⏱️ 66 minutes
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Bloomberg Radio host Barry Ritholtz speaks with Edward Chancellor, who is a well-known financial historian, author, journalist and investment strategist. His most recent book, "The Price of Time: The Real Story of Interest," has been longlisted for the FT Business Book of the Year. He is also the author of the New York Times notable book "Devil Take the Hindmost: A History of Financial Speculation," which has been translated into more than a dozen languages, and is a recipient of the George Polk Award for financial reporting.
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0:00.0 | What does it take to truly disrupt an industry? How do you overcome the fear of failure? |
0:06.0 | When is it time to take a risk? |
0:08.0 | Hi, I'm Bob Pippman, Chairman and CEO of I Heart Media, and these are the kind of questions |
0:13.0 | we explore on my podcast, Math and Magic, Stories from the Frontiers of Marketing. |
0:18.0 | This season, I sit down with some of the most unique thinkers to swap lessons and stories |
0:24.0 | on making our work bigger and better. |
0:26.0 | We'll hear from business leaders like Steve Cooper, CEO of Warner Music Group. |
0:30.0 | Technology is like an avalanche. |
0:33.0 | You either get out in front of it or it's just going to bury you. |
0:38.0 | Listen to Math and Magic on our very own free I Heart Radio app, Apple Podcast, or wherever you get your podcast. |
0:48.0 | This is Masters in Business with Barry Redholz on Bloomberg Radio. |
0:54.0 | This week on the podcast, I have another extra special guest. |
0:59.0 | Edward Chancellor is a legend amongst financial journalists and historians. |
1:05.0 | His book on the history of speculation and manias and bubbles. |
1:10.0 | Devil takes the hindmost. |
1:12.0 | It is just legendary. It is the full history of financial speculation. |
1:17.0 | His latest book could not be more timely. |
1:20.0 | The price of time, the real story of interest, it's all about the history of interest rates, |
1:27.0 | money lending, investing speculation funded by banks and loans and credit. |
1:33.0 | According to Chancellor, interest is the single most important feature of finance, both ancient and modern. |
1:42.0 | And it's how we allow transactions to take place across time. |
1:49.0 | I found this conversation to be fascinating and informative. |
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