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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Defence Of Usury

Defence Of Usury

Bentham, Jeremy

Paperback

General Fiction

ISBN10: 1419115502
ISBN13: 9781419115509
Publisher: Kessinger Pub Llc
Published: Jun 17 2004
Pages: 80
Weight: 0.34
Height: 0.17 Width: 7.50 Depth: 9.25
Language: English
A Defence of Usury is a book written by the philosopher and economist Jeremy Bentham in 1787. In this work, Bentham argues against the prevailing view of his time that usury, or charging interest on loans, was immoral and should be prohibited by law. He contends that usury is a natural and necessary part of a free market economy, and that attempts to regulate or restrict it only lead to economic inefficiencies and injustices. Bentham also critiques the arguments of his opponents, pointing out their inconsistencies and fallacies. Overall, A Defence of Usury is a seminal work in the history of economic thought, and remains relevant today as a defense of the principles of free market capitalism.The first, I shall mention, is that of precluding so many people, altogether, from the getting the money they stand in need of, to answer their respective exigencies. Think what a distress it would produce, were the liberty of borrowing denied to every body: denied to those who have such security to offer, as renders the rate of interest, they have to offer, a sufficient inducement, for a man who has money, to trust them with it.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.

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