Zur Wertzollfrage

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Monograph

Identifikator:: 1024892336

URN:: urn:nbn:de:zbw-retromon-42711

Document type:: Monograph

Author:: Lissner, Julius http://d-nb.info/gnd/1115825569

Title:: Zur Wertzollfrage

Place of publication:: Leipzig

Publisher:: A. Deichert'sche Verlagsbuchhandlung Nachf.

Year of publication:: 1911

Scope:: 1 Online-Ressource (108 Seiten)

Digitisation:: 2018

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

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Document type:: Monograph

Structure type:: Chapter

Title:: Kapitel III. Zukunft und Ausbau des Wertzolls

Collection:: Economics Books

WAGES, PROFITS AND INTEREST 181 or is not recoverable at short notice without loss. Here we have"examples of inconvenience, for which the investor requires compensation. A good example of the gross interest which includes substantial payment for work done is to be found in the charges made by pawn brokers, who are bound to give unremitting attention to the employment of a compara tively small capital since it is loaned in small sums for short periods. In connection with interest there is one inquiry which must not be shirked, and that is why in a wealthy community the rate of net interest never drops to zero. It would if there were so much capital that its marginal worth subsided to zero. Why should it not ? Why should the amount saved always fall short of the full requirements of the community ? Looking at the matter broadly, in a rich country like England, one might be inclined to expect the rate of interest to subside till it touched the boundary where plus and minus meet. Zero interest simply implies that the com munity regarded as a whole is employing the most productive methods—the methods which yield the highest net income. It means that the population is so distributed, winning coal and ore, smelting metal, making machines,

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