Social Studies, 12.01.2020 21:31 sbhunsaker9025
Why is small family considered as happy family?
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Which group of islands is called the land of fire and is located at the southern tip of south america
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Why were colonist mad about the tea act if it actually lowered the price of tea
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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.
Answers: 2
Why is small family considered as happy family?...
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