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Chapter 38. Private Property and Inheritance

The Principles of Economics, With Applications to Practical Problems · Frank A. Fetter — chapter 99 of 118 · ~133 words · public domain

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1. If the law permits certain classes to be fleeced without redress, is wealth thereby reduced?

2. What are vested rights? Do they ever stand in the way of progress? Examples.

3. Is it right that the lucky inventor of a popular toy should make $100 a day from it?

4. Is it right that an inventor should by patent laws be able to keep the profits of his business high?

5. Do you know of any father who created more wealth because he could bequeath it to his son?

6. Does the son work as hard when he inherits his father's wealth?

7. What is the effect of private property on saving?

8. If capital is needed in production why is the question of justice raised when its use is paid for?

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