Problems in American Democracy

by Thames Williamson

8. Why does the capitalist receive interest?

9. Why does the laborer receive wages?

10. What is the government's share in distribution?

11. What is the nature of profits, and how are they determined?

REQUIRED READINGS

1. Williamson, Readings in American Democracy, chapter ix.

Or all of the following:

2. Carver, Elementary Economics, chapters xxx and xxxi.

3. King, Wealth and Income of the People of the United States, chapter vii.

4. Thompson, Elementary Economics, chapters xx to xxiv inclusive.