False Issues in the Interest-Theory Controversy

1938 ◽  
Vol 46 (6) ◽  
pp. 838-856 ◽  
Author(s):  
E. S. Shaw
Keyword(s):  
Author(s):  
Margaret Gilbert

The most influential theories of claims within contemporary rights theory are considered in relation to the demand-right problem. Starting with Hohfeld’s equivalence, contemporary theorists generally aim for an account of claims such that the members of a certain canonical set of claim-ascriptions are true. In pursuit of this aim they tend to focus on directed duties and to assume that these are in part constituted by plain duties. Reviewing the results obtained by adopting this aim and method, this chapter argues that in order to solve the demand-right problem we need to go beyond the resources of Thomson’s constraint theory, Joseph Raz’s “interest” theory, and similar views. The same goes for Hart’s “choice” theory and related positions, and several other approaches more briefly considered.


2012 ◽  
pp. 115-123
Author(s):  
Robert W. Dimand

In the two decades before World War I, Irving Fisher and his French contemporary Adolphe Landry presented and extended Boehm-Bawerk's theory capital and interest, although both of them criticized Boehm-Bawerk's concept of an average period of production. They analyzed each other's work on interest theory in books reviews and books. They both attempted to construct an operationally meaninful version of the quantity theory of money, with Fisher building explicitly on early studies by Landry and Pierre des Essars in France and by Edwin Kemmerer and David Kinley in the US.


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