Travelling to hawaii on e., the capitalist). To Irving FISHER, the interest rate helps adjust the time flow of INCOME receipts. The neoclassical theory maintains that interest functions as the equilibrating mechanism between savings and investment. Pre-classical thinking characterized interest as a return for permitting others to use the property accumulated in the form of MONEY. As important as these theoretical formulations are, what is really paramount and long-lasting is the accompanying philosophic social change. The values and ethical norms for economic life in the Christian perspective emphasize the primacy of justice to be measured by how the community treats its poor and the powerless, whether or not the social institutions permit all persons a measure of dignity and active social participation regardless of station in life, where there is a strong presumption against inequality of wealth and income. Travelling to hawaii 2016.
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