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“Interest is not an accidental "historico-legal" category, which makes its appearance only in our individualistic and capitalist society, and will vanish with it; but an economic category, which springs from elementary economic causes, and therefore, without distinction of social organisation and legislation, makes its appearance wherever there is an exchange between present and future goods.” — Eugen von Böhm-Bawerk
Interest is not an accidental "historico-legal" category, which makes its appearance only in our individualistic and capitalist society, and will vanish with it; but an economic category, which springs from elementary economic causes, and therefore, without distinction of social organisation and legislation, makes its appearance wherever there is an exchange between present and future goods.