A Theory Of Interest (1914)

By Clarence Gilbert Hoag

Book Overview

A Theory of Interest, written by Clarence Gilbert Hoag and published in 1914, is a book that discusses the concept of interest rates and the factors that influence them. The author presents a comprehensive analysis of the different theories of interest that have been proposed by economists throughout history, including the time preference theory, productivity theory, and the loanable funds theory.Hoag's book also explores the relationship between interest rates and economic growth, arguing that interest rates play a crucial role in determining the level of investment and economic activity in a country. The author provides examples from different countries and historical periods to support his arguments.In addition, A Theory of Interest delves into the role of banks and financial institutions in setting interest rates, and how government policies can influence these rates. The book also discusses the impact of inflation on interest rates and the economy as a whole.Overall, A Theory of Interest is a seminal work in the field of economics, providing a comprehensive analysis of the factors that influence interest rates and their impact on economic growth and development. It is a must-read for anyone interested in understanding the complex world of finance and economics.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.

• Format: Paperback
• Language: English
• ISBN: 1436754852
• ISBN13: 9781436754859
• Release Date: June 2008
• Publisher: Kessinger Publishing
• Length: 240 Pages
• Weight: 0.72 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"