Money Lenders Anti Loan Shark License Laws And Economics Of The Small Loan Business 1919

Money-Lenders: Anti-Loan Shark, License Laws And Economics Of The Small-Loan Business is a book written by Clarence Hodson in 1919. The book provides a comprehensive analysis of the small-loan business and the economics behind it. The author argues that the small-loan business is an essential service for people who require short-term loans but cannot access traditional banking services. However, the industry has been plagued by loan sharks who charge exorbitant interest rates and engage in unethical practices.Hodson advocates for the regulation of the small-loan business through the implementation of licensing laws. He argues that licensing laws will help to weed out unscrupulous lenders and ensure that borrowers are protected from predatory lending practices. The author also provides insights into the economics of the small-loan business, including the factors that determine interest rates and the risks associated with lending.Money-Lenders: Anti-Loan Shark, License Laws And Economics Of The Small-Loan Business is a valuable resource for anyone interested in the history and regulation of the small-loan industry. The book provides a detailed analysis of the challenges facing the industry and offers practical solutions for addressing them. It is a must-read for policymakers, economists, and anyone interested in the intersection of finance and social justice.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.