The causes and consequences of interest theory : analyzing interest through conventional and Islamic economics / Cem Eyerci.
Eyerci, Cem.
2021
HB172.5 .E94 2021
Available Online

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Title The causes and consequences of interest theory : analyzing interest through conventional and Islamic economics / Cem Eyerci.
Author Eyerci, Cem.
ISBN 3030787028 (electronic book)
9783030787028 (electronic bk.)
303078701X
9783030787011
DOI https://doi.org/10.1007/978-3-030-78702-8
Published Cham, Switzerland : Palgrave Macmillan, [2021]
Language English
Description 1 online resource
Other Standard Identifiers 10.1007/978-3-030-78702-8 doi
Call Number HB172.5 .E94 2021
Dewey Decimal Classification 332.8
Summary Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers. This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists. It evaluates the theory of interest presented by Bohm-Bawerk, which is the most respected and applicable theory at present. It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control. This book will be of interest to academics and students of economics and Islamic economics. Cem Eyerci is an Advisor at the Central Bank of the Republic of Turkey. Previously, he managed the Banknote Printing Plant and Human Resources Department as Executive Director, and Statistics Department as Deputy Executive Director. Before joining Central Bank, he worked at the Turkish Statistical Institute as Head of the Department of Business Statistics, Regional Manager, and Expert. Cem received his Ph. D. from Ankara Yldrm Beyazt University in Economics.
Bibliography, etc. Note Includes bibliographical references and index.
Access Note Access limited to authorized users.
Source of Description Online resource; title from digital title page (viewed on August 10, 2021).
Available in Other Form Print version: 9783030787011
Causes and consequences of interest theory
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1 Introduction
2 The Concept of Interest: Its Meaning, History and Theoretical Development
3 The Time Preference Theory of Interest
4 Interest Rate Control
5 Islamic Economics, Time Preference and Price Control
6 Conclusion.

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