tag:blogger.com,1999:blog-1740670447258719504.post598835591059646279..comments2024-03-27T03:00:27.024-04:00Comments on Facts & other stubborn things: Did you say usury!Evanhttp://www.blogger.com/profile/12259004160963531720noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1740670447258719504.post-20291573751319100192011-03-03T13:14:19.895-05:002011-03-03T13:14:19.895-05:00Sorry about the self-promotion, but I'm an ent...Sorry about the self-promotion, but I'm an entrepreneur now. :)Gary Gunnelshttps://www.blogger.com/profile/14463810435943252898noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-67111919932396783012011-03-03T13:11:49.715-05:002011-03-03T13:11:49.715-05:00Did I mention my new blog here? Sorry, all the mo...Did I mention my new blog here? Sorry, all the moving, etc. has me sort of tired and memory addled. <br /><br />http://pacificcresttrail.wordpress.com/Gary Gunnelshttps://www.blogger.com/profile/14463810435943252898noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-92167875445836194192011-03-03T12:50:22.372-05:002011-03-03T12:50:22.372-05:00How did that happen? Us agreeing. Alert the pres...How did that happen? Us agreeing. Alert the press! :)Gary Gunnelshttps://www.blogger.com/profile/14463810435943252898noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-38992410202786135562011-03-03T11:30:51.719-05:002011-03-03T11:30:51.719-05:00Hmmm...so it's probably more like Malthus'...Hmmm...so it's probably more like Malthus' views on food production, then? Gets some parts of the big picture right, but not all or the most essential ones?Prateek Sanjaynoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-22653067213492897702011-03-03T11:25:07.277-05:002011-03-03T11:25:07.277-05:00Probably more akin to monetary policy, actually - ...Probably more akin to monetary policy, actually - I'll try to comment more on this later.<br /><br />To make things clear - I'm <i>not</i> advocating usury laws. I just think this is one of those situations where we don't give people enough credit for being "wrong for the right reasons".dkuehnhttps://www.blogger.com/profile/10136690886858186981noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-79873495104017029102011-03-03T11:21:07.243-05:002011-03-03T11:21:07.243-05:00There are apparently somewhat large international ...There are apparently somewhat large international banks that run on Sharia laws on financing, including a big one centered in Malaysia. I just remember seeing an advertisement for it in The Economist magazine. I vaguely remember some reports about Islamic finance based institutions in Dubai too.<br /><br />Anyway, would you say usury laws are akin to...financial regulation?Prateek Sanjaynoreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-8866789085439551362011-03-03T08:56:50.022-05:002011-03-03T08:56:50.022-05:00Big-picture I agree with you completely, but I thi...Big-picture I agree with you completely, but I think we need to be careful when we make this argument (perhaps if you don't come from a Keynesian perspective you can afford to be less careful). I'll try to sketch out a tentative endorsement of at least the effort to tamp down usury tomorrow or Saturday.Danielhttps://www.blogger.com/profile/17192667997950934790noreply@blogger.comtag:blogger.com,1999:blog-1740670447258719504.post-1537436857276013612011-03-03T08:16:21.805-05:002011-03-03T08:16:21.805-05:00Usury laws hurt the poor; they are something of a ...Usury laws hurt the poor; they are something of a holdover from Aristotle's notion that it is "unnatural" to make a profit from the lending of money.Gary Gunnelshttps://www.blogger.com/profile/14463810435943252898noreply@blogger.com