Show B E Y college notes on political Zi conmy what is profit the reward of the employers labor how does the employer find his drofitz by deducting the total cost of his business from tile sum of his receipts ceia ts 20 why is it just that the employer emi P I 1 0 er ab should uld r receive e a profit g ca I 1 e his hie labor calls call for skill and benei y and his capital is in vested 0 a risk when ought workmen to be well ivell paid when large profits are made upon what does the reward of employer and workmen depend on the productiveness of labor where can the largest gains b be e generally made in a new country where there are numerous sources of wealth what is interest the reward of capital 0 03 in what countries is the rato rate of interest always the highest 0 in countries where there are bad bad laws and bad judges what is the rate of interest in in eastern countries from fifteen to twenty per e ent cent in what way could thi this I 1 s interest be reduced by enacting n good laws and alln appointing upright judges what was the condition in in holland when interest had fallen to two per cent every one was industrious and no one spent all of his income where does the rato rate of interest tend to diminish in countries where there is abundant wealth and a dense population when will new capital find 11 no 0 remunerative employment when every great undertaking is is accomplished and every indus industry try has perfect means of production what did aristotle think of interest he condemned all interest in severe terms what did the Isri israelite elites think of lending money at interest they thought it a means of ruid all and d 1 a I form of persecution what did the roman say on anthe the subject 9 one coin does not give birth to tile the other in what lid did the error of the ancients consist they thought that capital consists exclusively of silver and gold and they were deceived by appe appearances r what lias has modern acono eco no ingists proved in the analysis analytis of tile lie question they have proved that it a fair in interest is necessary and just why is it necessary were in interest prohibited no one would economize except to hoard why is it just tha the lender and borrower are partners arid and they should share the ih increased creased profit that comes come from the the rise of money I 1 |