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The Causes and Consequences of Interest Theory: Analyzing Interest through Conventional and Islamic Economics

Autor Cem Eyerci
en Limba Engleză Hardback – 8 iul 2021
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 Böhm-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.

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Specificații

ISBN-13: 9783030787011
ISBN-10: 303078701X
Pagini: 144
Ilustrații: XIV, 168 p. 5 illus.
Dimensiuni: 148 x 210 mm
Greutate: 0.37 kg
Ediția:1st ed. 2021
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Locul publicării:Cham, Switzerland

Cuprins

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.

Notă biografică

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 Yıldırım Beyazıt University in Economics.

Textul de pe ultima copertă

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 Böhm-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 Yıldırım Beyazıt University in Economics.


Caracteristici

Evaluates the theory of interest presented by Böhm-Bawerk Analyses the issue of prohibition of interest through the lens of conventional economics and compares this with the position of Islamic economists Scrutinizes the interpretation of Islamic economists on the concepts of time preference and interest rate control