Lecture V

It is in his giving-out that a men begins to act in a social way. The point is—and here I am not thinking of indirect taxes but of direct taxes which are a quite different matter that it is in connection with paying-out that the rate of taxation should be settled. Although it could be worked out, naturally I cannot give details here, because for a lecture it would mean going too deeply into the science of economics. Nevertheless some indication of it can be given.