Cyclic homology was introduced in the early eighties independently by Connes and Tsygan. They came from different directions. Connes wanted to associate homological invariants to K-homology classes and to describe the index pair- ing with K-theory in that way, while Tsygan was motivated by algebraic K-theory and Lie algebra cohomology. At the same time Karoubi had done work on characteristic classes that led him to study related structures, without...