Edward Chancellor Keynote Speaker

Financial historian and award winning journalist
Author of 'The Price of Time' - longlisted for Business Book of the Year 2022 & Winner of the 2023 Hayek Book Prize
Contributor at Wall Street Journal, Financial Times, MoneyWeek and New York Review of Books

Edward Chancellor's Biography

Edward Chancellor is a well known financial historian, author, journalist and investment strategist.

His most recent book is ‘The Price of Time – the real story of interest‘ (July 2022). In this book, Edward illustrates how extremely low interest rates create asset price inflation but are also largely responsible for the weak economic growth, rising inequality, elevated debt levels, and pensions crises that have impacted our economies in recent years. Meanwhile, access to easy money in China has inflated their real estate sector and has created an epic credit and investment boom. He forewarns that the global financial system is moving closer to another major crisis. The book was longlisted for the FT Business Book of the Year 2022. It was also listed by Amazon as a top business book of 2022. This book won the 2023 Hayek Book Prize from the Manhattan Institute.

His prior books are Devil Take the Hindmost: A History of Financial Speculation which has been translated into many languages and was a New York Times Book of the Year. He also wrote ‘Crunch-Time for Credit?’ and ‘Capital Returns: Investing Through the Capital Cycle: A Money Manager’s Reports 2002-2015″.

After reading history at Cambridge and Oxford, Edward worked for Lazard Brothers and until 2014 he was a senior member of the asset allocation team at GMO. He is currently a columnist for Reuters BreakingViews and has contributed to the Wall Street Journal, the Financial Times, MoneyWeek and the New York Review of Books. In 2008, he received the George Polk Award for financial reporting for his article “Ponzi Nation” in Institutional Investor.

Speculative booms and busts, past and present

Interest: the history of interest, bond bull and bear markets, the unintended consequences of easy money

Inflation: the history of inflation, how inflation impacts investment portfolios, how to protect against inflation

Investment and asset allocation: in particular, how investing with the capital cycle delivers superior returns

He is a leading financial historian and investment strategist whose work connects interest rates, debt cycles and financial instability to the decisions leaders must make now.
He is the author of The Price of Time (2022), offering a clear, historically grounded account of how prolonged low rates reshape growth, inequality, pensions and asset prices.
He brings real-world market perspective from roles at Lazard and GMO, translating macro shifts into practical implications for asset allocation, risk and capital deployment.
He is a longstanding financial journalist and current Reuters BreakingViews columnist, equipping audiences with sharp, plain-English insight into fast-moving market narratives and policy debates.
He helps executives and investors stress-test assumptions about leverage and liquidity by showing how credit booms form, how they end, and what signals matter most before a crisis.

Videos of Edward Chancellor

The AI Bubble from a Capital Cycle Perspective

Edward Chancellor part 1: ‘intelligent contrarians’ should follow the capital cycle

Edward Chancellor part 2: why gold miners are a better bet than conventional miners

Ghost of Scandals Past: A Short History of Financial Scandals - Edward Chancellor

The 2023 Hayek Awards: Edward Chancellor (author, The Price of Time: The Real Story of Interest)

Money Talks with Liam Halligan: Edward Chancellor | Financial Historian

What Causes Financial Bubbles? with Edward Chancellor - "The Price of Time"

Articles, Media & Podcasts

Say farewell to the corrupting era of easy money

Financial TImes

Breaking Views

Reuters

Articles in the FT

Financial Times

Books by Edward Chancellor

The Price of Time - The Real story of 'Interest'

The Making of a Permabear The Perils of Long-term Investing in a Short-term World

Devil Take the Hindmost: A History of Financial Speculation

Comments & Testimonials

I wanted to take the opportunity to thank you again for your talk on Wednesday. It was such a pleasure to get to know you as well as listen to your comments. I have been doing these events for many years, and have had many amazing speakers (ie Tony Blair, Coach K, Tom Brady, Larry Summers, etc.), but I have never seen the crowd as focused and hanging on every word as your talk.

Major Asset Manager, USA

Edward Chancellor has a gift for timing. 'Devil Take the Hindmost', his book on financial speculation, was published shortly before the stock market crash of 2000. 'The Price of Time', on interest rates, comes out just as tightening monetary policy threatens to tip the world into recession

Emma Duncan - The Times

Interest rates haven't simply fallen-they were pushed. And by their pushing, the world's central banks have constructed the hall of mirrors in which every investor has become, of necessity, a speculator. So argues Edward Chancellor in this brilliant chronicle of the most important prices in capitalism. You must read it. It is a masterpiece of history, analysis-and properly understated outrage

James Grant ― editor of Grant’s Interest Rate Observer

I thoroughly enjoyed your fascinating presentation. I particularly enjoyed your delivery and supporting research. thank you

Attendee at a Financial Services Event