Abstinence theory of interest

From Infogalactic: the planetary knowledge core
Jump to: navigation, search

Abstinence Theory of Interest asserts that the money used for lending purposes is the money not used for consumption - which means, earning interest by abstaining from spending makes the funds possible and available for borrowers.[1]

The originator of the theory is Nassau William Senior.

Notes

  1. ↑ EconomyProfessor.com, Retrieved 2008-05-29

<templatestyles src="Asbox/styles.css"></templatestyles>

Stub icon

This economic theory related article is a stub. You can help Wikipedia by expanding it.
Retrieved from "https://infogalactic.com/w/index.php?title=Abstinence_theory_of_interest&oldid=4145909"