Re:Adam Smith did not mean what he is often made to say (1998)
by ipaddr on Sunday March 13, 2022 @10:37AM
(#30661569)
In the Islamic world it is against the law to pay or demand interest on money lent. The idea is more universal and less witchcraft.
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Re:Adam Smith did not mean what he is often made to say (1998)
by Mikeb85 on Sunday March 13, 2022 @11:57AM
(#30662416)
Of course the Islamic banking world also has complicated ways to get around this limitation and in practice they do charge interest.
Re:Adam Smith did not mean what he is often made to say (1998)
by tough on Sunday March 13, 2022 @11:13AM
(#30661909)
Spain approved it's "Ley de la Usura" in 1908 https://es.wikipedia.org/wiki/Ley_de_la_Usura