A deep history of prices and interest rates

“And the great shroud of the sea rolled on as it rolled five thousand years ago.” – Herman Melville, Moby Dick

“Nature loves to hide.” – Heraclitus

1. Commodity prices

Commodity Prices Decennial

2. Interest rates

Interest Rates Decennial

Some related reading:

David Hackett Fischer, The Great Wave: Price Revolutions and the Rhythm of History

Sydney Homer and Richard Sylla, A History of Interest Rates

Howard Farber, “A Price and Wage Study for Northern Babylonia during the Old Babylonian Period,” Journal of the Economic and Social History of the Orient

A.H.M. Jones, “Inflation in the Roman Empire,” Economic History Review

S.R.H. Jones, “Transaction Costs, Institutional Change, and the Emergence of a Market Economy in Later Anglo-Saxon England,” Economic History Review

Fernand Braudel, Civilization and Capitalism, 15th-18th Centuries

Robert S. Lopez, The Commercial Revolution of the Middle Ages, 950-1350

Carlo M. Cipolla, Before the Industrial Revolution: European Society and Economy, 1000-1700

Rondo Cameron and Larry Neal, A Concise Economic History of the World: From Paleolithic Times to the Present

 

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