Advertisement
Advertisement
abstinence theory
noun
, Economics.
- the theory that interest is payment for conserving current income.
Discover More
Example Sentences
If the abstinence theory is foolish, even more foolish is the notion that profits are the reward of managing ability, the wages of superintendence.
From Project Gutenberg
If it is to increase without the labor of its owner, it can only be through the exploitation of the labor of others, so that the abstinence theory in no manner controverts the Marxian position.
From Project Gutenberg
But a few years later, at the period of his life to which we have now arrived, the total abstinence theory began to command the public attention.
From Project Gutenberg
"Then you do not hold to the entire abstinence theory?"
From Project Gutenberg
Advertisement
Advertisement
Advertisement
Advertisement
Browse