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The thesis deals with usury and illegal lenders both on the domestic scene and abroad. The usury itself is defined by … ancient Rome, basically since the emergence of money. The aim of the paper is a comprehensive overview of usury, which from … case law and interpretation. The characteristics of usury that are described in the thesis are distress, the presence of a …
Persistent link: https://www.econbiz.de/10012588924
Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Systemic … European Consumer Credit Directive 2008/48/EC. Systemic usury is a market failure. The most powerful explanations for such … more solvent ones. Incomplete information of consumers cannot explain systemic usury in credit markets, because even fully …
Persistent link: https://www.econbiz.de/10012027590
Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the … contracts. This paper reviews the economic rationale for usury legislation and evaluates the European Consumer Credit Directive … term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by …
Persistent link: https://www.econbiz.de/10012132614
Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the … contracts. This paper reviews the economic rationale for usury legislation and evaluates the European Consumer Credit Directive … term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by …
Persistent link: https://www.econbiz.de/10012507235
This article argues that much of Scholastic and neo-Scholastic teaching on usury rests on practical considerations … regarding redistribution and market instability. This aspect of usury is underappreciated by economists, especially those in the … field of the history of economic thought. A core question usury raises regards the allocation of surplus value in a …
Persistent link: https://www.econbiz.de/10014513969
Limitations on or total prohibition of usury (or interest) have been a pervasive theme across religions and ancient … explain why usury was such a central issue in medieval times but is no longer so in the modern era. It may also help in … drawing a distinction between usury and interest based on whether such institutions are weak or ineffective in practice. …
Persistent link: https://www.econbiz.de/10014513972
both the labor theory of value as well as on the morality of certain banking practices. If credit and the banking system …
Persistent link: https://www.econbiz.de/10014477032
Persistent link: https://www.econbiz.de/10015053033
Persistent link: https://www.econbiz.de/10000665106
Persistent link: https://www.econbiz.de/10003464173