Seminar: Anne Robert Jacques Turgot
Q What basic attribute (function) of money does Turgot stress in Section 50?
Q What subject is Turgot addressing in Sections 52-55?
Q Section 57: What determines the value of land?
Q What problem is associated with the rise of wage labor (Section 60)? What is Turgot’s solution to this problem?
Q In Section 62, Turgot lays out the elements of capitalist remuneration. What are they?
Q Section 66: What argument does Turgot make in support of merchants (i.e., middlemen)?
Q Section 68: How does Turgot define “the circulation of money”?
Q Section 69: Does Turgot think money is socially beneficial? Explain.
Q Section 74: How does Turgot justify the payment of interest?
Q Section 80: What determines the interest rate?
Q What is the point of Section 82?
Q Section 87: Why should money employed in production earn more than the interest on a loan?
Q What is the point of Section 89? Why is it important?
Q What is the point of Section 96?