ABSTRACT

Ownership economics 1 deals with one of the core questions of economics: what is the underlying loss that is compensated by interest? 2 The answer given here differs fundamentally from the theories of interest presented by the great schools of economics. Ownership economics argues that the existence of interest cannot be explained by the temporary loss of profit (classical economics), the temporary loss of consumption (neoclassical economics) or the temporary loss of money (Keynesian economics).