There is some tendency among defenders of loaning at interest to describe it as merely the renting of money. After all, they say, interest is merely charging for money while the lender (the creditor) is deprived of its use. On its surface, this is true, for renting and loaning at interest are reasonably similar beasts;… Continue reading You Can’t Rent Money
If you’ve ever watched any media that has depicted Arthur Conan Doyle’s ever-popular detective, Sherlock Holmes, you’ve probably heard the term ‘deductive reasoning’ mentioned at least once. It’s what Holmes uses to solve his mysteries, like a sort of Victorian superpower that reveals knowledge to its user. Few of us bother to look into it… Continue reading What Is Inductive Reasoning?