It was big news when Japan announced that professor Kazuo Ueda would become the next governor of the Bank of Japan. Three decades ago, a personnel change at the top of Japan's central bank would have merited a minor slot on national TV news -- and barely a mention in international press. Now it is a major media event, the Asian financial equivalent of the investiture of a new pope.
Books
Book review: The funny business of central banks and money supply
'The Price of Time' comes as incoming BOJ Gov. Kazuo Ueda in celebrity spotlight
In "The Price of Time: The Real Story of Interest," author Edward Chancellor brings the potentially dry subject of interest rates to life with a wealth of anecdotes and walk-on characters both famous and obscure. (Nikkei montage/Photos by Grove Atlantic and Edward Chancellor)
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