A Theory Of Interest (1914) : Kessinger Publishing : 9781436754859 : 1436754852 : 29 Jun 2008 : A Theory of Interest, written by Clarence Gilbert Hoag and published in 1914, is a book that discusses the concept of interest rates and the factors that influence them. The author presents a comprehensive analysis of the different theories of interest that have been proposed by economists throughout history, including the time preference theory, productivity theory, and the loanable funds theory.Hoag's book also explores the relationship between interest rates and economic growth, arguing that interest rates play a crucial role in determining the level of investment and economic activity in a country. The author provides examples from different countries and historical periods to support his arguments.In addition, A Theory of Interest delves into the role of banks and financial institutions in setting interest rates, and how government policies can influence these rates. The book also discu