Interest Perfect
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Interest
Author: Richard Swedberg
language: en
Publisher: McGraw-Hill Education (UK)
Release Date: 2005-08-16
One of the central questions in social science is ‘Why do people behave as they do?’ A common social scientific answer is, ‘because of their interests’. Despite the importance of the concept of interest for the social sciences, it has been surprisingly little discussed, and many aspects of its general history and many uses are largely unknown. In this book, Richard Swedberg attempts to remedy this situation through an easily accessible introduction to the topic, starting with a history of the concept that covers the origin of the word and its early use in philosophy, political science, literature and everyday language. He then pioneers an analysis of the emergence of interest as a sociological concept during the 19th century. Arguing that economists have reduced the concept of interest to that of economic interest, he emphasizes that sociologists, in contrast, have attempted to develop a flexible and social concept of interest. Moving on to a discussion of the contemporary use of the concept of interest in economics, sociology and political science, the book concludes with a discussion of the potential of the concept of interest as a policy tool.
Sourcebook in Late-Scholastic Monetary Theory
Author: Stephen J. Grabill
language: en
Publisher: Lexington Books
Release Date: 2007-11-28
The Sourcebook in Late-Scholastic Monetary Theory is a thematically unified collection of seminal texts in the history of economics on the topic of money and exchange relations (cambium)_its nature, purpose, value, and relationship to justice and morality in financial transactions_within the tradition of late-scholastic commercial ethics. Cambium embraces the development of banking practices and institutions in early modern Europe and, therefore, is much broader in scope than the simple practice of exchanging currency. Here, for the first time, the unabridged texts of Mart'n de Azpilcueta's Commentary on the Resolution of Money (1556), Luis de Molina's A Treatise on Money (1597), and Juan de Mariana's Treatise on the Alteration of Money (1609) are available in English translation with scholarly annotations. The publication of these foundational texts under a single cover will stimulate exploration of the continuities and discontinuities, agreements and disagreements, innovations and ruptures within the Salamancan tradition of commercial ethics during the latter half of the sixteenth and the early seventeenth century. A close reading shows that the Salamancans were involved not only in an internal conversation within Spain concerning inflation, usury, rates of currency exchange, currency debasement, subjective value, just prices, and so on, but also that they were critical intermediaries in a wider conversation spanning centuries that includes prominent canonists, jurists, philosophers, and theologians. The Salamancans also serve as conduits of scholastic economic reflection to Adam Smith and the political economists of the seventeenth and eighteenth centuries. The texts (in conjunction with the introductions by leading authorities) demonstrate the sophistication with which the Spanish doctors examined the new process of using bills of exchange (cambium per litteras) to replace the cumbersome and dangerous transportation of metallic coins between commercial fairs, which led not only to new scholastic insights on interest, credit, and international trade, but also to a much more comprehensive analysis of monetary exchange and banking practices than had been undertaken before.
Negotiating and Drafting Contract Boilerplate
This resource serves to educate lawyers and business professionals on how to draft the many types of "boilerplate" provisions, a legal term that refers to the standardized, one-size-fits-all provisions of a contract. Each chapter tackles one of 20 provisions and analyzes why it is important, the key legal and business issues raised, and how to draft the provision to suit a particular transaction. Such analysis not only helps readers better understand how to draft these provisions in their contracts, but also helps them better understand the other party's process.