FYI: This week, on Barry's Masters in Business radio podcast, he speaks with Richard Sylla, professor emeritus of economics at New York University’s Stern School of Business. Sylla is the author of several books, including “A History of Interest Rates.” He is also Chairman of the Board of the Museum of American Finance, an affiliate of the Smithsonian Institution.
Sylla notes that interest rates in recent years are “the lowest in history, from the Code of Hammurabi to Babylon Civilization, Greek and Roman Civilization, the Middle Ages, Renaissance, and early modern history, right up until the present. I can assure listeners that the rates we have now are the lowest in human history.”
He was one of the first students to major in economics at Harvard; post graduate career then took him to the Indian Statistical Institute at Calcutta, before returning to Harvard to earn his MA and PhD. in Economics.
Regards,
Ted
http://ritholtz.com/2018/08/mib-richard-sylla-nyus-financial-historian/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+TheBigPicture+(The+Big+Picture)
