First Principles of Political Economy
First Principles of Political Economy
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In our eReader you can find the full English version of the book. Read First Principles of Political Economy Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book First Principles of Political Economy
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In its original meaning there was nothing disparaging about the word ' usury ' ; it comes from the Latin usura, which simply means the use of a thing. The change in the acceptation of the word, its etymological development, is exactly parallel to the development of the system it stands for : from use to exploitation. That is why legislators had to intervene to repress usury by fixing a maximum rate of interest, as we have seen them fixing maximum prices of various commodities during the War. Bu...t 109 Digitized by Google POLITICAL ECONOMY this legal rate of interest rests on no scientific basis.
The third and most characteristic difference between the renting of land or houses and the lending of money is that when land or houses are let they remain in the hands of the tenant.
When his lease expires the worst that can happen to him is to be turned out, but he will obviously have no difficulty in surrendering the borrowed property, for it is there, intact ; the owner resumes it, and there is an end of it.
What to read after First Principles of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Charles Gide to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In its original meaning there was nothing disparaging about the word ' usury ' ; it comes from the Latin usura, which simply means the use of a thing. The change in the acceptation of the word, its etymological development, is exactly parallel to the development of the system it stands for : from use to exploitation. That is why legislators had to intervene to repress usury by fixing a maximum rate of interest, as we have seen them fixing maximum prices of various commodities during the War. Bu...t 109 Digitized by Google POLITICAL ECONOMY this legal rate of interest rests on no scientific basis.
The third and most characteristic difference between the renting of land or houses and the lending of money is that when land or houses are let they remain in the hands of the tenant.
When his lease expires the worst that can happen to him is to be turned out, but he will obviously have no difficulty in surrendering the borrowed property, for it is there, intact ; the owner resumes it, and there is an end of it.
What to read after First Principles of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Charles Gide to read onlineMoreLess
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