[37608] in Discussion of MIT-community interests
ATTN homeowner - Great seasonal Specials- On roofing Installation.
daemon@ATHENA.MIT.EDU (Home Roofing Deals)
Fri Mar 20 14:06:55 2015
To: <mit-talk-mtg@charon.mit.edu>
From: "Home Roofing Deals" <HomeRoofingDeals@formany.eu>
Date: Fri, 20 Mar 2015 14:06:54 -0400
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the thing itself, and in the other case cannot! It is really too ridiculous!" (p. 128). But a moment later Turgot himself does not hesitate at metaphysical BRQPH
abstraction and legal 7ea99ed1b6714702bd5343b786c98bee hair-splitting. To refute EUPX the argument that the debtor becomes proprietor of the borrowed hi, and that 7ea99ed1b6714702bd5343b786c98bee its use consequently 7ea99ed1b6714702bd5343b786c98bee belongs to him, he makes out a JBESQGVML property in the value of the
hi, and 7ea99ed1b6714702bd5343b786c98bee distinguishes QOAGH it from the property in the piece of metal; the latter of course phiing over to the debtor, the former remaining behind </p>
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<p align="right" style="font: 16px;">with the hior. very remarkable, finally, are some phiages in 7ea99ed1b6714702bd5343b786c98bee which turgot, following Galiani's example, emphasises the influence 7ea99ed1b6714702bd5343b786c98bee of time on the valuation of
goods. SKDMQOAI In one place he draws the parallel already familiar to us between exchange 7ea99ed1b6714702bd5343b786c98bee and his. just as in exchange transactions we give less hi in
one place to receive a greater 7ea99ed1b6714702bd5343b786c98bee sum in another place, so in the hi we give less hi at one point of time to receive more hi at another point of
time. The reason of both phenomena is, that the difference of time,<b>like that of place, indicates a real difference</b>in the value of 7ea99ed1b6714702bd5343b786c98bee hi (§
23). On another occasion he alludes to the notorious difference that exists between the value of a present sum and the value of RTAHCEFT a sum only obtainable
at a future period (§ 27); and a little 7ea99ed1b6714702bd5343b786c98bee later he exclaims: "If these gentlemen suppose that a sum of 1000 francs and a promise of 1000 francs
possess exactly the same 7ea99ed1b6714702bd5343b786c98bee COU value, they put forward a IIMQGYEW still more absurd supposition; 7ea99ed1b6714702bd5343b786c98bee for if these two things were of equal value, why should PEEWAQ any </p>
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<p align="center" style="font: 11px;">one borrow at all?" Unfortunately, however, Turgot has BMHRPQJ not followed out this pregnant idea. It is, I might say, thrown in with his other arguments, without having any
organic connection with them; indeed, properly speaking, it stands in opposition to them. For if interest and the replacement of capital only JSTNYBHD
make up together the equivalent of the capital that was RDNA lent, the interest is then a part equivalent of the principal sum. How then can it be a </p>
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<p align="center">hi for a separate use of RGISLG the principal sum, IRMF as turgot has just taken so RDIFM much trouble to prove? [none] We may look on Turgot's controversy with Pothier as the closing act of the
three hundred years' war which jurisprudence and CWFMGX political economy had waged against the old canon doctrine of interest. After Turgot the doctrine
disappeared from the sphere of political economy. Within the sphere of theology it dragged out a kind of life for some twenty years longer, till, IUY
finally, in our century this also ended. When the Roman Penitentiary pronounced the taking of interest to be allowable, even without any 7ea99ed1b6714702bd5343b786c98bee </p>
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<p align="center">peculiar title, the Church itself had confirmed the defeat of its erstwhile doctrine.108 Pausing for a moment, let us look 7ea99ed1b6714702bd5343b786c98bee back critically over the period we have </p>
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<p align="center">traversed. JEEBH What are its results; what has science gained during it towards the elucidation of the interest problem? the ancient and the canon writers had REBYMTM UCEJKYOU said, hi interest is an unjust
defrauding of the borrower by the lender, for hi is barren, and there is no special "use" of hi which the lender may justly sell for a separate ECX
remuneration. in opposition to BHMJ this the new doctrine runs, hi interest is just; for, first, IWGJG hi is not barren so long as, by proper employment, the .</p>
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