Joseph Massie on the natural rate of interest, 1750 . AN ESSAY ON THE Governing Causes of the Natural Rateof INTEREST, FTER Sir William Petty and Mr. Lockehave said what governs the Rate of Interest,any further Considerations on the Subjectmay perhaps be thought unnecessary;whether they really are so or not, I will notsay, but shall leave every one to judge forthemselves, when they have read the following Observationsupon the Sentiments of those gentlemen, which I have herecollected, and shall refer to by Figures, as often as I haveOccasion to mention them.|| i Extracts from Sir William P
Joseph Massie on the natural rate of interest, 1750 . AN ESSAY ON THE Governing Causes of the Natural Rateof INTEREST, FTER Sir William Petty and Mr. Lockehave said what governs the Rate of Interest,any further Considerations on the Subjectmay perhaps be thought unnecessary;whether they really are so or not, I will notsay, but shall leave every one to judge forthemselves, when they have read the following Observationsupon the Sentiments of those gentlemen, which I have herecollected, and shall refer to by Figures, as often as I haveOccasion to mention them.|| i Extracts from Sir William Pettys Political Arithmetich, andMr. Lockes Treatise on Interest, &C1 From Sir W. Pettys Political Arithmetic^, Third Edition,printed in the Year 1. As to Money, the Interest thereof was within this fifty Years,* at 10Z. per Cent, forty years ago, at 8?. and now at * Interest was reduced by Law from 10 to 8 per Cent. Anno 1623,and from 8 to 6 per Cent, in 1660. 12 Joseph Massie 61. no Thanks to any Laws which have been made to that Pur- pose, for as mnch as those who can give good Security, may now have it a
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Keywords: ., bookcentury1900, bookdecade191, booksubjectinterest, bookyear1912
