David Hume: Of Interest (1752)

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Chapter 34 in A Source Book on Early Monetary Thought, 2020, pp 267-273 from Edward Elgar Publishing

Abstract: 4,100 words. Hume endorses the loanable funds theory of the interest rate. He argues that the supply and demand for money has nothing to do with the interest rate.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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