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Social Studies, 23.11.2019 00:31 carsonjohnsonn
Between steps 4 and 5, the mechanical energy of the turbine is converted to
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Social Studies, 23.06.2019 15:00, leezas1101
Norman jones, an economic historian at the university of utah, has described the views of the ancient greek philosopher aristotle on interest: aristotle defined money as a good that was consumed by use. unlike houses and fields, which are not destroyed by use, money must be spent to be used. there- fore, as we cannot rent food, so we cannot rent money. moreover, money does not reproduce. a house or a flock can produce new value by use, so it is not unreasonable to ask for a return on their use. money, being barren, should not, therefore, be expected to produce excess value. thus, interest is unnatural. what did aristotle mean in arguing that money is “barren”? why would money being barren mean that lenders should not charge interest on loans? do you agree with aristotle’s reasoning? briefly explain.
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Social Studies, 24.06.2019 02:30, adriandehoyos1p3hpwc
Why is the price system a more efficient system for allocating scarce resources than by authoritarian means, such as in command economies?
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Between steps 4 and 5, the mechanical energy of the turbine is converted to...
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