Defence of Usury, Third Ed. Book Reviews
Defence of Usury, Third Ed. by Jeremy Bentham Book Summary
This 18th-century work by British philosopher and founder of utilitarianism Jeremy Bentham began as a series of 13 "letters" addressed to Scottish economist Adam Smith. Usury—the practice of charging interest on loans—was outlawed in Britain based on certain passages in the Christian Old Testament. Bentham argued that interest could, in fact, generate positive social benefits. His arguments were very influential and led to the gradual abolishment of restrictions on usury. G.K. Chesterton identified Bentham's essay on usury as the very beginning of the "modern world." There is little evidence as to Smith’s reaction.
Book Name | Defence of Usury, Third Ed. |
Genre | Business & Personal Finance |
Author | Jeremy Bentham |
Published | 23 March 2013, Saturday |
Language | English |
E-Book Size | 41.28 MB |
Defence of Usury, Third Ed. (Jeremy Bentham) Book Reviews 2024
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Summary of Defence of Usury, Third Ed. by Jeremy Bentham
The Defence of Usury, Third Ed. book written by Jeremy Bentham was published on 23 March 2013, Saturday in the Business & Personal Finance category. A total of 54 readers of the book gave the book 0 points out of 5.
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