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Journal Article
History of Political Economy (1982) 14 (3): 406–426.
Published: 01 September 1982
... by Duke University Press Lending at interest: some Jewish, Greek, and Christian approaches, 800 BC-AD I 00 Barry Gordon And in another great lake full of pus and blood and boiling mire stood men and women up to their knees. And these were...
Journal Article
History of Political Economy (2017) 49 (1): 93–112.
Published: 01 March 2017
... of human customs did not lend itself to such formulas. In spite of his reluctance Smith eventually agreed to help Windischgrätz, but the prize had no winner. Correspondence may be addressed to José-Manuel Menudo at jmmenpac@upo.es and to Nicolas Rieucau at nicolas.rieucau@univ-paris8.fr . We would...
Journal Article
History of Political Economy (2009) 41 (3): 491–517.
Published: 01 September 2009
... in 1843 (when the first constitution was introduced), in 1863 (when a new king was appointed as head of the country) and in 1876-9 (when foreign lending was resumed after a long financial embargo against Greece). These interventions reveal a liberal economist who was a precursor in what is today known...
Journal Article
History of Political Economy (2008) 40 (5): 168–188.
Published: 01 December 2008
... could not avoid lending his expertise to his country in the dark days of the Napoleonic wars. Thus Thornton appears as a disinterested economist whose motivation to serve came from his devotion to Christ. An Inquiry into the Nature and Effects of Henry Thornton’s Christian Faith on the Existence...
Journal Article
History of Political Economy (2003) 35 (4): 679–684.
Published: 01 November 2003
... dominated eco- nomic policy discussions in the British Treasury. These concerned basic domestic aspects of war finance, such as taxation and management of the national debt. Increasingly, however, external financial issues, notably Britain’s shrinking overseas assets and mounting sterling debt, Lend...
Journal Article
History of Political Economy (1996) 28 (Supplement): 225–244.
Published: 01 December 1996
... with this project-specific approach the Bank, from its early years on, had to have an economywide view of the borrowing countries. It would initiate or continue lending only where it was satisfied with the country’s economic policies and the use it made of resources. It had to establish the priority...
Journal Article
History of Political Economy (1992) 24 (4): 867–894.
Published: 01 November 1992
... and the conduct of monetary policy in Britain and even more so in the United States. Although subject to various interpretations, the doctrine is usually understood to assert that if banks lend only on the security of real bills representing actual goods in process, they can- not issue too much money...
Journal Article
History of Political Economy (1989) 21 (1): 77–90.
Published: 01 March 1989
... to his capital, and either employs it himself in maintaining an additional number of productive hands, or enables some other person to do so, by lending it to him for an interest, that is, for a share of the profits” (p. 321). Lending and borrowing activity 2. All references to Smith...
Journal Article
History of Political Economy (2012) 44 (3): 451–469.
Published: 01 September 2012
... currencies and by reducing their lending. In testimony before the Committee of Secrecy of the House of Commons Appointed to Enquire into the Outstanding Demands of the Bank of England, which convened on March 24, 1797, Thornton responded in the affirmative to a questioner who asked whether...
Journal Article
History of Political Economy (2003) 35 (1): 1–19.
Published: 01 March 2003
...- sis of 1825 witnessed a dramatic volte-face on the part of the Bank, which, literally overnight, changed its policy, from one of resistance to requests for assistance to that of lending freely (section 2). A key ques- tion, largely ignored in the literature, is the origin of that remarkable change...
Journal Article
History of Political Economy (1988) 20 (2): 299–308.
Published: 01 June 1988
... to the borrowers, instead of the banks’ power to lend being derived from the deposi- tors. Banks are thus supposed to make something out of nothing, and the only wonder is that they use their power with such extraordinary moderation...
Journal Article
History of Political Economy (2011) 43 (4): 683–698.
Published: 01 November 2011
... immorality. Luther’s importance, therefore, is not that his conclusion regarding usury’s morality differs in kind from medieval Scholasticism. It instead differs in degree; in addition to regarding lending at interest as a sin, he indeed opposes practices condoned by canon law and contemporary Ger...
Journal Article
History of Political Economy (1985) 17 (1): 133–144.
Published: 01 March 1985
... Depression from 1931 to 1939. Volume XXIII on external war finance, mainly lend lease, and volume XXVII on shaping the postwar world: employment and commodities, are two of six volumes on Keynes’ extensive activities during and immediately following World War LI. The following discussion is divided...
Journal Article
History of Political Economy (1997) 29 (1): 1–20.
Published: 01 March 1997
... is in a position to lay down his law (Turgot 1770b, 305). Fourthly, the use of money favors lending at interest. Interested in malung a good case for the interest on loans, Turgot defined money as a form of property. Being similar to the possession of any commodity, the possession of money ought thus...
Journal Article
History of Political Economy (2014) 46 (4): 609–640.
Published: 01 November 2014
... will take for himself after paying all expenses a third of the produce of his Farm. But if a competent Labourer who lives from day to day on his wages and has no capital can find some one willing to lend him land or money to buy some, he will be able to give the Lender all the third rent, or third...
Journal Article
History of Political Economy (2001) 33 (3): 509–516.
Published: 01 September 2001
... of “money” is, how- ever, quite an elastic variable. Under the assumptions made above, the banks could lend any amount of money (that is, they could put it down in their books as fictitious deposits or granted loans), since the checks drawn against them would, within a few days, return into their hands...
Journal Article
History of Political Economy (2000) 32 (1): 39–60.
Published: 01 March 2000
... that a private bank would never intention- ally issue more of its notes than the public wanted to hold. Miscalcula- tions might occur. But the resulting overissue would be unprofitable, and banks would try to avoid them. One way they could do so was to lend only...
Journal Article
History of Political Economy (1980) 12 (4): 489–498.
Published: 01 November 1980
... of a very common confusion of economic and legal aspects. If the borrowing entrepreneur has no means of his own, it is obviously the lending capitalist who stands to lose, his legal rights notwithstanding. If the borrowing entrepre- neur has means by which to effect discharge of his debt, he...
Journal Article
History of Political Economy (2021) 53 (5): 833–856.
Published: 01 October 2021
... rate was above the normal earning power of agriculture or industry.18 Two main reasons contributed to this high interest rate: 1. The risk of money lending is high. In this traditional agriculture soci- ety, most credits were individual loans for consumption purposes.19 Peas- 16. No. 149 Prohibited...
Journal Article
History of Political Economy (1997) 29 (2): 219–273.
Published: 01 June 1997
... of similarity between Keynes and Douglas. They were equally concerned with emphasizing, for example, the crucial role of banks in promoting expansion, and the unfortunate tendency of banks not to renew loans when the macroeconomic situation calls for active lending. However, Douglas does not appear...