Overview
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
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (8 chapters)
-
Front Matter
-
Back Matter
Keywords
About this book
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.
Authors and Affiliations
About the author
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.
Bibliographic Information
Book Title: The Causes and Consequences of Interest Theory
Book Subtitle: Analyzing Interest through Conventional and Islamic Economics
Authors: Cem Eyerci
DOI: https://doi.org/10.1007/978-3-030-78702-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
Hardcover ISBN: 978-3-030-78701-1Published: 08 July 2021
Softcover ISBN: 978-3-030-78704-2Published: 09 July 2022
eBook ISBN: 978-3-030-78702-8Published: 07 July 2021
Edition Number: 1
Number of Pages: XIV, 168
Number of Illustrations: 5 b/w illustrations
Topics: Macroeconomics/Monetary Economics//Financial Economics, Political Economy/Economic Systems