| Essays on Political Economy Contributor(s): Stirling, Patrick James (Translator), Bastiat, Frederic (Author) |
|
 |
ISBN: 1546904417 ISBN-13: 9781546904410 Publisher: Createspace Independent Publishing Platform OUR PRICE: $10.26 Product Type: Paperback - Other Formats Published: October 2017 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - General - Political Science | Political Ideologies - Conservatism & Liberalism |
| Physical Information: 0.33" H x 5.98" W x 9.02" (0.48 lbs) 156 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: My object in this treatise is to examine into the real nature of the Interest of Capital, for the purpose of proving that it is lawful, and explaining why it should be perpetual. This may appear singular, and yet, I confess, I am more afraid of being too plain than too obscure. I am afraid I may weary the reader by a series of mere truisms. But it is no easy matter to avoid this danger, when the facts with which we have to deal are known to every one by personal, familiar, and daily experience. But, then, you will say, "What is the use of this treatise? Why explain what everybody knows?" But, although this problem appears at first sight so very simple, there is more in it than you might suppose. I shall endeavour to prove this by an example. Mondor lends an instrument of labour to-day, which will be entirely destroyed in a week, yet the capital will not produce the less interest to Mondor or his heirs, through all eternity. Reader, can you honestly say that you understand the reason of this? |