Abstract
Moneylenders have never been popular — condemned for their laxity in good times and for their parsimony and greed in bad. Bankers, and orthodox economists, dismiss such feelings as the result of irrational cultural prejudice. Given a competitive supply of credit, any belief that lenders are exploiting their borrowers is thought irrational.
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© 1999 Paul S. Mills and John R. Presley
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Mills, P.S., Presley, J.R. (1999). The Prohibition of Interest in Western Literature. In: Islamic Finance: Theory and Practice. Palgrave Macmillan, London. https://doi.org/10.1057/9780230288478_8
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DOI: https://doi.org/10.1057/9780230288478_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-38895-0
Online ISBN: 978-0-230-28847-8
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)