Capital and Interest

More about the book

Exploring the multifaceted problem of interest, this book delves into historical opposition and support from classical to medieval times, highlighting key thinkers like Turgot and Adam Smith. It examines various theories, including productivity and use theories, while critiquing the Say-Hermann school and the Abstinence theory. The text also analyzes the labour theories and the exploitation perspective, providing a comprehensive historical survey of interest theories. Ultimately, it critiques the assumptions and conclusions of these theories, offering a thorough examination of their evolution and implications.